Update On Moratorium Application
December 02, 2022
2 December 2022
Dear Zipmex customer,
Please be informed that at the hearings of the extension of time applications this morning (HC/SUMS 4184, 4185, 4186, 4187 and 4188 of 2022), the Singapore High Court has granted extensions of each of the moratoria in respect of each of Zipmex Company Limited, Zipmex Pte Ltd, Zipmex Asia Pte Ltd (“Zipmex Asia”), Zipmex Australia Pty Ltd and PT Zipmex Exchange Indonesia respectively until 2 April 2023.
The Singapore High Court has further directed that any application for super-priority for rescue financing by Zipmex Asia be fixed for hearing on 21 December 2022 at 10 am.
Thank you for your continued support in our restructuring, and we are committed to providing you with further material updates on the restructuring as and when they arise.
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