The Business Times
business-time-50

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

google-preferred-sourceAdd BT as a preferred source
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

    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).

    hwa hongFinancial advisoryDisputesSpotlight

    TRENDING NOW

    Altitude Xperience argued that the rooftop space in contention was not considered an unused space.

    Simba ordered to pay S$700,000 in damages to indoor skydiving operator Altitude Xperience for trespass

    Lazada says it will treat affected employees in accordance with the applicable requirements based on the market they are in.

    Lazada cuts about 5% of workforce, a sign of maturing e-commerce sector in S-E Asia

    Some industry watchers wonder if Orchard Road can hold its own next to competing retail destinations, both global and local.

    What’s wrong with Orchard Road? Experts weigh in on the street’s cachet and its future

    While DBS was the top choice, 44 other local-based firms and public sector agencies featured in the top 100 companies that Singapore graduates want to work for.

    DBS tops list of employers sought by Singapore’s fresh graduates: survey

    Latest T-bills Treasury Bills Results & Interest NewsLatest SSB Singapore Savings Bonds NewsLatest COE Certificate of Entitlement News
    Latest Johor-Singapore SEZ NewsLatest BTO Build To Order & Sales of Balance NewsLatest STI Straits Times Index NewsLatest SGX Dividends, Share Price NewsLatest Bonds Market NewsLatest Singapore Stocks To Buy NewsLatest Singapore Economy News
    View More