Top Builders Scheme of Arrangement

22 September 2021 – The Edge Malaysia reported on Top Builders Capital Bhd (formerly known as Ikhmas Jaya Group Bhd) obtaining a three-month extension of the restraining order obtained by against its creditors.

With the extension, the order that restrains Top Builders’ creditors from taking action against the group and its assets is now valid until 31 December 2021.

Judicial Commissioner Ong Chee Kwan, who granted the extension, also fixed 25 November 2021 to hear the group’s sanction application to approve a scheme of arrangement.

Lee Shih and Pang Huey Lynn are acting for Top Builders in the scheme of arrangement.