TSMP Law Corporation joint managing partner Stefanie Yuen Thio was interviewed for a Business Times story published on 19 June 2020 on the M&A outlook amid the pandemic.
She said that signs of corporate distress are in fact reinvigorating the M&A and dealmaking scene here.
“Corporate failures such as Hin Leong, and ailing companies now facing even more trouble, mean that there are good targets for takeover and acquisition. There are also recapitalisations and restructurings going on to strengthen shaky corporates. In addition, quite a lot of private equity funds are flush with cash, and acquisition targets are looking even cheaper with pandemic-related fallout.”