Update On Moratorium Application
March 20, 2023

20 March 2023
HC/OAs 381 – 385/2022 (THE “APPLICATIONS”)
Dear Zipmex customer,
Our solicitors in Singapore, Morgan Lewis Stamford LLC, have informed us that they have filed the following documents relating to the Court-supervised restructuring of the Zipmex Group in Singapore:
- Three Originating Applications for approval of the pre-packaged schemes of arrangement under Section 71(1) of Singapore’s Insolvency, Restructuring, and Dissolution Act 2018, which are supported by three affidavits affirmed by Mr. Lim Wei Xiong Marcus;
- Five applications for extension of the moratoria in the Applications, supported by the 23rd affidavit of Mr. Lim Wei Xiong Marcus filed in HC/OA 383/2022 and the 1st affidavit of Jonathan Tang Yuan filed in HC/OA 381/2022.
Copies of the filed Affidavits and their accompanying exhibits can be downloaded at the following Dropbox link:
If you have been verified as a Zipmex user, you can proceed to access the documents with the same password previously provided. If you have not yet verified your email account as a user, customer, or creditor of any of the Zipmex Companies, please send an email to [email protected] for a verification check to obtain the password.
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