Restructuring

Mandala’s expertise is the operational and financial restructuring of companies that are either underperforming or distressed.

Mandala has been appointed by companies throughout Asia to provide the following solutions:

• Fundraising: Mandala works with a group of investors to provide funding for distressed companies. Such funding may comprise a mix of debt and equity.
• Debt restructuring: Mandala has negotiated directly with the bankers of many of our clients to restructure their debts, or to arrange a one time settlement (coupled with the introduction of additional funds).
• Strategic partnerships: Mandala has been able to identify and successfully introduce international companies who wish to make strategic investments within Asia. Mandala can assist in the negotiation and execution of joint venture arrangements.
• Operational improvement: Mandala has reviewed the operations of clients and been able to assist with emergency management, the introduction of necessary skills and experience on a permanent basis as well as financial management improvement.

Case study

In a recent case, we were engaged to advise Thai Amarit Brewery based near Bangkok. The brewery, which had previously made beer under contract to major international brands, had lost is customer base and had been switched to a care and maintenance basis. For over three years before our appointment, efforts had been made to assist the company and find a new investor or owner.

Mandala was appointed and conducted a major international search for a new investor. Within four months, Mandala had concluded a deal with San Miguel Corporation to acquire the brewery. The strong price allowed the stakeholders a higher return than they had expected, whilst the brewery resumed trading and was able to re-hire workers who had previously been stood down.