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Evercore Asia, Dymon-backed Hwa Hong take fees dispute to court

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Raphael Lim

Raphael Lim

Published Fri, Mar 3, 2023 · 08:35 PM
    • Allen House, one of Hwa Hong's properties in London. Hwa Hong on Feb 1 filed a legal action against Evercore and four former company directors.
    • Allen House, one of Hwa Hong's properties in London. Hwa Hong on Feb 1 filed a legal action against Evercore and four former company directors. PHOTO: GOOGLE MAPS

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    CORPORATE finance adviser Evercore Asia (Singapore) and former mainboard-listed Hwa Hong Corporation are in a legal dispute involving, among other things, fees Evercore is claiming as Hwa Hong’s financial adviser (FA).

    The parties have two pending cases before the Singapore High Court.

    Evercore on Feb 6 filed to wind Hwa Hong up. The case was mentioned in court on Friday (Mar 3).

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