Course Detail(IR014 : Restructuring Master Class & Practical Applications)

SDF Funding, SkillsFuture Credit

IR014 : Restructuring Master Class & Practical Applications

7.00 CPE Hours (Category 4)
Classroom

Programme Objective
The Credit Crisis of 2007 – 2008 has exacerbated financial stresses within a wide range of industry sectors. Many corporations need to be restructured as quickly as possible to sustain the new challenges. This one-day program studies the work that practitioners may be called upon to perform when working in restructuring and insolvency. Specific attention is given to the restructuring strategies, the successful restructuring, debt and equity restructuring and the related financing solutions. Case studies will be provided for better understanding of the practical issues.

Programme Outline

  1. What is Restructuring
  2. Purpose of Restructuring
  3. Portfolio Restructuring
  4. Restructuring the balance sheet of a company in default
  5. Forms of Corporate Restructuring, General Overview
    • Expansion
    • Corporate Control
    • Contraction
    • Changes in Ownership Structure
  6. Restructuring Strategies, Detailed Analysis
    • Mergers & Acquisitions
      • Value-added in a merger
      • Strategic Planning Process
      • Buy Strategies
    • Tender Offer
      • Characteristics
      • Strategy
      • Corporate Policy
    • Divestiture & Spinning-Off & Wealth Creation
      • Divestiture & Spinning-Off
      • Incentives, Monitoring & Transaction costs, Information, Signalling
      • Case Study
    • Leverage Buy Out (LBO)
      • Financing Strategy
      • Corporate Policy
  7. Key Methods of Reorganizing Assets & Ownerships
    • Assets sales
    • Equity Carve-Out
    • Split up
    • Tracking Stock
    • Exchange Offer
    • Case Study – AT&T, Citi Bank, Lucent Technologies, NCR, Phillip Morris
  8. Debt and Financing Restructuring Analysis
  9. Restructuring Debt, Equity with Practical Illustrations related to accounting issues.

Measuring Results and Conclusion

Training Methodology
Lecture style, with Q&A

Closing Date for Registration
1 week before programme or until full enrolment
 

Intended For

This Intermediate to Advanced level programme is specifically designed for decision makers in organizations who are involved in the management of restructuring, insolvency and bankruptcy, as well as: CEOs, CFOs, COOs, Finance Managers with responsibility for restructuring Insolvency and Restructuring professionals in practice, and Judicial Managers Global Heads of Operational Risk, Group Risk, Risk & Contingency Managers, Finance Directors, Compliance/Internal Auditors Risk Control Consultants Government Agencies dealing with Corporate Failures and restructuring, as well as Government bodies regulating Risk Areas Insurers, Brokers, Loss Adjusters Accountants

Competency Mapping

Category 4 = 7.00 Hours

Schedule & Fees

Date & Time

09 Dec 2019 (9:00 AM - 5:00 PM)

Registration is closed

Programme Facilitator(s)

Prof Malick SY, PhD

Date & Time

06 Sep 2019 (9:00 AM - 5:00 PM)

Registration is closed

Programme Facilitator(s)

Prof Malick SY, PhD

Date & Time

30 May 2019 (9:00 AM - 5:00 PM)

Registration is closed

Programme Facilitator(s)

Prof Malick SY, PhD

Testimonial

Funding

1] SkillsFuture Credit (SFC)
Funding Period: Until 8 April 2020
Course Ref No.: CRS-N-0035486

All Singaporeans aged 25 and above will receive an opening credit of S$500 from the government. The credits will not expire and periodic top-ups will be provided by the government. SFC may be accumulated to pay for skills related course fees. You may wish to use your SFC to pay for partial/full ISCA course fees.  (For more information on the SFC scheme, please visit http://www.skillsfuture.sg/credit)

If you wish to enrol for the course with SFC Funding, please proceed with the following steps:

  • Step 1: Register for the course online via ISCA Portal. Upon adding to cart, the system will prompt a question “Do you wish to apply for SkillsFuture Credit?”, click “Yes” and input all required information. At the Cart page, please ensure that SFC funding is applied before clicking “Checkout”.
  • Step 2: After successful enrolment, please proceed to submit SFC claim on Skillsfuture Portal within 60 days before the course start date and obtain the necessary approval. Please submit SFC claim via SFC portal here: http://www.skillsfuture.sg/credit.

Failure to submit claim application and obtain necessary approval before the course start date will result in topping up of the SFC indicated for use. Please note that there will be an administrative fee of $42.80 for any revision of invoice.


2] WDA Training Grant - SDF Funding
This course is approved for SDF funding ($2 per training hour) for Company-sponsored participants only (Eligibility criteria apply). 

Funding Period: Until 8 April 2020
Funded Hours: 7 hours
Course Ref No.: CRS-N-0035486

If you wish to enrol participants with SDF Funding, please proceed with the following steps (For Corporate enrolments only) :

  • Step 1: Register for the course online via ISCA Portal. Upon adding to cart, the system will prompt a question “Do you wish to apply for WDA Funding?”, click Yes and input all required information. At the Cart page, please ensure that SDF funding is applied before clicking “Checkout”.
     
  • Step 2: After successful enrolment, please proceed to submit the Training Grant application via SkillsConnect Portal here: https://www.skillsconnect.gov.sg/

 

Employers of company-sponsored participants must submit training grant via SkillsConnect system to obtain training grant for course fees. You may submit the Training Grant application within the period from 30 days before the course start date to 30 days after course start date. Please note that there will be an administrative fee of $42.80 for any revision of invoice.

 

Eligibility Criteria:

  • Company must be registered or incorporated in Singapore and;
  • Applicant is taking the course for the first time.
  • Applicant must be employed, and is either Singapore Citizen or Permanent Resident of Singapore and;
  • Applicant must achieve at least 75% attendance, and pass all examinations /assessments and;
  • Applicant must be fully sponsored by the Company for all costs associated with the training and;
  • Payment has to be made via corporate means (e.g. corporate cheque, corporate GIRO, corporate credit card).

Programme Facilitator(s)


Prof Malick SY, PhD

Prof Malick SY is the Managing Director of a financial consulting firm with offices in South East Asia. Specializing in Corporate Consulting and Risk Management, his expertise in these areas is recognized internationally. He has been a Director of Risk Management at the Kuala Lumpur Stock Exchange and has been member of the Singapore Exchange Corporate Advisory Committee in Derivatives (SGX-DT).

With more than 25 years of experience in financial consulting and advisory to many financial institutions in Europe, Asia and Australia, his corporate clients include DBS Bank (Singapore), Singapore Exchange (SGX), Credit Suisse (Singapore), Bursa Malaysia, Association of Insurance and Asset Management Companies (Malaysia). He has set up the risk management department for many companies in Asia. He was the course leader for the derivative compulsory courses in getting the Options, Futures licenses organized by the Stock Exchanges of Singapore and Malaysia.

Professor of Financial Management at the Royal Melbourne Institute of Technology (RMIT) University, Melbourne-Australia and a visiting Professor of Finance at the City University of New York (CUNY)-USA, his time is shared between graduate level teaching, research activities and consulting. His research interest is in risk management, banking and financial markets especially derivatives and foreign exchange.

He won the Chicago Board of Trade (CBOT-USA) award.

 

Programme Objective
The Credit Crisis of 2007 – 2008 has exacerbated financial stresses within a wide range of industry sectors. Many corporations need to be restructured as quickly as possible to sustain the new challenges. This one-day program studies the work that practitioners may be called upon to perform when working in restructuring and insolvency. Specific attention is given to the restructuring strategies, the successful restructuring, debt and equity restructuring and the related financing solutions. Case studies will be provided for better understanding of the practical issues.

Programme Outline

  1. What is Restructuring
  2. Purpose of Restructuring
  3. Portfolio Restructuring
  4. Restructuring the balance sheet of a company in default
  5. Forms of Corporate Restructuring, General Overview
    • Expansion
    • Corporate Control
    • Contraction
    • Changes in Ownership Structure
  6. Restructuring Strategies, Detailed Analysis
    • Mergers & Acquisitions
      • Value-added in a merger
      • Strategic Planning Process
      • Buy Strategies
    • Tender Offer
      • Characteristics
      • Strategy
      • Corporate Policy
    • Divestiture & Spinning-Off & Wealth Creation
      • Divestiture & Spinning-Off
      • Incentives, Monitoring & Transaction costs, Information, Signalling
      • Case Study
    • Leverage Buy Out (LBO)
      • Financing Strategy
      • Corporate Policy
  7. Key Methods of Reorganizing Assets & Ownerships
    • Assets sales
    • Equity Carve-Out
    • Split up
    • Tracking Stock
    • Exchange Offer
    • Case Study – AT&T, Citi Bank, Lucent Technologies, NCR, Phillip Morris
  8. Debt and Financing Restructuring Analysis
  9. Restructuring Debt, Equity with Practical Illustrations related to accounting issues.

Measuring Results and Conclusion

Training Methodology
Lecture style, with Q&A

Closing Date for Registration
1 week before programme or until full enrolment
 

Intended For

This Intermediate to Advanced level programme is specifically designed for decision makers in organizations who are involved in the management of restructuring, insolvency and bankruptcy, as well as: CEOs, CFOs, COOs, Finance Managers with responsibility for restructuring Insolvency and Restructuring professionals in practice, and Judicial Managers Global Heads of Operational Risk, Group Risk, Risk & Contingency Managers, Finance Directors, Compliance/Internal Auditors Risk Control Consultants Government Agencies dealing with Corporate Failures and restructuring, as well as Government bodies regulating Risk Areas Insurers, Brokers, Loss Adjusters Accountants

Competency Mapping

Category 4 = 7.00 Hours

Programme Facilitator(s)

Prof Malick SY, PhD

Prof Malick SY is the Managing Director of a financial consulting firm with offices in South East Asia. Specializing in Corporate Consulting and Risk Management, his expertise in these areas is recognized internationally. He has been a Director of Risk Management at the Kuala Lumpur Stock Exchange and has been member of the Singapore Exchange Corporate Advisory Committee in Derivatives (SGX-DT).

With more than 25 years of experience in financial consulting and advisory to many financial institutions in Europe, Asia and Australia, his corporate clients include DBS Bank (Singapore), Singapore Exchange (SGX), Credit Suisse (Singapore), Bursa Malaysia, Association of Insurance and Asset Management Companies (Malaysia). He has set up the risk management department for many companies in Asia. He was the course leader for the derivative compulsory courses in getting the Options, Futures licenses organized by the Stock Exchanges of Singapore and Malaysia.

Professor of Financial Management at the Royal Melbourne Institute of Technology (RMIT) University, Melbourne-Australia and a visiting Professor of Finance at the City University of New York (CUNY)-USA, his time is shared between graduate level teaching, research activities and consulting. His research interest is in risk management, banking and financial markets especially derivatives and foreign exchange.

He won the Chicago Board of Trade (CBOT-USA) award.

 


Upcoming Schedule

Registration is closed

Date & Time

09 Dec 2019 (9:00 AM - 5:00 PM)

Fee (inclusive of GST)

For Members: $ 481.50
For Non-Members: $ 577.80

Programme Facilitator(s)

Prof Malick SY, PhD

Venue

60 Cecil Street
ISCA House
Singapore 049709