Update on moratorium proceedings

August 25, 2023

August 25, 2023

Update on the Moratorium Proceedings and Applications to Convene Scheme Meetings

Please be informed that:

The Orders of Court in respect of HC/SUMs 2291 to 2295 of 2023 have been extracted and copies have been circulated individually to each creditor by the scheme managers.

Zipmex Asia Pte Ltd has filed an affidavit in respect of HC/OAs 757 and 758 of 2023 exhibiting a redacted copy of the Share Subscription Agreement dated 30 November 2022. A copy of the affidavit has been circulated individually to each creditor by the scheme managers.

The Zoom webinar hearing of HC/SUMs 2291 to 2295 of 2023 before the Honourable Justice Aedit Abdullah on 21 August 2023 was recorded and the footage was published on YouTube. The footage may be accessed via https://youtu.be/NAm8umisuEU. Any unauthorised recording or dissemination of the video/audio footage remains strictly prohibited and may be the subject of thorough investigation that can result in civil or criminal liability.

We offer investors a variety of opportunities in the digital assets industry. Our innovative platform provides financial access for anyone seeking investment returns anywhere, anytime. Our ecosystem aims at making finance an everyday enriching activity.

ZEI is currently registered under and listed by Bappebti as a candidate merchant. To date, the Indonesian government has established crypto assets as commodities which can be determined as the subjects of futures contracts, which can be traded through the Futures Exchange (of crypto assets).

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  1. You should not transact Digital Assets if you are not familiar with Digital Assets. Transacting Digital Assets may not be suitable for you if you are not familiar with the technology of the Services that are provided.
  2. You should be aware that the value of Digital Assets may fluctuate greatly. You should buy Digital Assets only if you are prepared to accept the risk of losing all of the money you put into such Digital Assets.
  3. You should be aware that although we strive to provide you with excellent service, we do not guarantee that the Site or Services will be available without interruption.
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