Restructuring businesses on the path to recovery

Gan Pei Tze

THE last 18 months have been rather long in many aspects but we do see some light at the end of the tunnel. Whilst there is a lot of excitement that things are returning to normal, albeit slowly, the path to recovery for many corporates is just beginning.

According to the Organisation for Economic Co-operation and Development economic survey of Malaysia, published in August 2021, corporate and debt restructuring is expected to increase, particularly when the government stimulus packages come to an end.