Execution
Frost Group Limited (“FGL”) were approached by the Group to provide a Members’ Voluntary Liquidation (“MVL”), to an AIM listed company. FGL worked with the Singapore and China contacts as well as leading Accountancy and Solicitor firms to establish a strategy.
FGL were able to deal effectively with share transfers, employee claims and finally distribute over £35m of cash.
Interesting parts
There were many hurdles to jump to enable thorough international communications.
The Alternative Investment Market (AIM) is a sub-market of the London Stock Exchange that is designed to help smaller companies access capital from the public market. AIM allows these companies to raise capital by listing on a public exchange with much greater regulatory flexibility compared to the main LSE stock market.
Distribution Value
£12.4m
