- We refer to the applications by Sapura Fabrication Sdn. Bhd., Sapura Offshore Sdn. Bhd. and Sapura 1200 Ltd (the “Sapura Entities”) for, among other things, an order that their reorganisation proceedings in Malaysia be recognised by the Singapore Courts and in Singapore as a foreign main proceeding (the “Recognition Applications”).
- Kindly note that to date, no creditor has filed and served an affidavit in response to the Recognition Applications.
- The Court has also issued the following directions:
a. Parties are to file their submissions and bundles of authorities (if any) by 18 January 2023, 4pm.
b. The hearing of the Recognition Applications is fixed for 25 January 2023, at 10.00am before the Honourable Justice Vinodh Coomaraswamy. The venue of the hearing is Chamber 6A of the Supreme Court of Singapore. - Anyone intending to attend or participate in the hearing on 25 January 2023 should inform Oon & Bazul LLP (at restructuring.team@oonbazul.com) and provide the following information by no later than 18 January 2023, 4pm:
a. the name(s) of the person(s) or lawyer(s) attending the hearing; and
b. the full name of the party that the person or lawyer is representing. - We will continue to keep you updated on material events and any further directions from the Singapore High Court.