Professionals in Insolvency & Restructuring
With a team of consummate professionals and a proven track record, we craft tailored solutions that preserve value, protect stakeholders, and enable sustainable recovery.
Our Firm
Established in 2012, ADAMPRIMUS is a firm of Chartered Accountants specializing in insolvency and restructuring services.
ADAMPRIMUS embraces a business-centric approach that drives our operations. We combine strategic insights, legal expertise, and industry knowledge to deliver tailored solutions aligned with our clients' unique situation, objectives, and challenges. Through open communication and collaborative planning, we ensure our strategies optimize outcomes.
Our expertise, combined with a strong understanding of local regulations and industry best practices, ensures that clients receive high-quality and effective services. Our commitment to business-centric excellence positions us as trusted advisors.
Our people are experienced, with more than 100 years of cumulative involvement in insolvency and restructuring. We take great pride in our team of professionals who possess extensive expertise and experience in insolvency and restructuring.
Our Services
Statutory Appointment
We provide services to act as judicial managers, receivers or liquidators, to manage distressed businesses or assets to oversee financial rehabilitation or distribution of assets.
Restructuring & Reorganisation
We assess the situation of a distressed business or company professionally and objectively in order to offer practical solutions and assist our clients to implement the best way forward.
Advisory
We provide expert guidance to distressed businesses and stakeholders which may involve strategic insights, financial analysis, and customized solutions to navigate complex financial challenges and maximize recovery outcomes.
Notable Work
Banking
Visia Finance Berhad, an insolvent finance company, had been placed under the control of Bank Negara Malaysia in 1987 in a move to protect the interests of depositors.
Banking
The business operations and properties were transferred to Hong Leong Finance Berhad when they took over the business and assets.
Insurance
The business operations were continued with the involvement of its 350 employees, and more than 5,000 legal actions in the Courts against the company were defended successfully.
Danaharta
Our work involved fulfilling the requirements of regulatory bodies, namely Bursa Malaysia Berhad and the Securities Commission of Malaysia.
Biotechnology Park
In 2019, the Secured Lender appointed us Receiver and Manager due to the company defaulting on its loan of RM250 million.
168 Selayang
Our role was to formulate a scheme together with the white knight and the shareholders of the company to implement the proposed rehabilitation of the abandoned development.
Dolomite Group
In October 2022, we were appointed liquidator of Dolomite Corporation Berhad ("DCB").
Resource Center
Corporate Rescue Under the Companies Act 2016 (Part 2)
The Companies Commission of Malaysia (CCM) established a corporate law reform programme in 2003 for the purpose of modernizing the Malaysian company law to be in line with both local and global developments.
Corporate Rescue Under the Companies Act 2016 (Part 1)
Every company' is conceived and created by entrepreneurs; from defining its purpose or raison d'être, coming up with its guiding principles and values for its existence right down to its operating structures.