Acting in the PSKIN Scheme of Arrangement

30 September 2020 - Reported in The Edge Malaysia. The firm is acting for Prestariang SKIN Sdn Bhd (PSKIN) in its scheme of arrangement.

The application of the leave to convene the meeting of creditors was on the ground that PSKIN could preserve its going concern while it carries on with negotiations and legal action to seek compensation from the federal government for the termination of the RM3.5 billion Sistem Kawalan Imigresen Nasional (SKIN) contract.

Judicial commissioner Liza Chan granted the leave pursuant to Section 366 of the Companies Act 2016. Nathalie Ker appeared for PSKIN.