Alton Poon
Director

Alton Poon is a Director at Perun Consultants, based in Singapore.

Alton is a Licensed Insolvency Practitioner and a Chartered Accountant with over 17 years of experience working in Big 4 and boutique firms specialising in corporate restructuring and insolvency, personal bankruptcy, litigation support and forensic investigations. He has advised on complex formal appointments and contentious matters across APAC.

Alton has acted as liquidator, receiver and judicial manager over distressed companies and has worked on a wide range of engagements including high-profile restructurings and cross-border insolvencies across industries including cryptocurrency and digital assets, property and infrastructure assets, shipping and logistics, construction, manufacturing, tourism and hospitality, banking and finance sectors.

Alton is also a Forensic Accounting Specialist and has significant experience in litigation support, arbitration, and mediation engagements and has advised stakeholders, secured lenders, bondholders and investors in complex insolvency and restructuring matters.

Representative engagements

• Liquidator of a BVI company which was the controlling shareholder of a Singapore-based coal mining and exploration company operating in Indonesia and listed on the Catalist board of the Singapore Exchange (SGX).

• Liquidator of a cryptocurrency and blockchain company which failed to comply with an arbitration award in relation to a decentralized finance protocol.

• Liquidator of a packaging solutions and foam product developer in the plastics and packaging industry.

• Receiver of a construction main contractor which involved the utilisation of bridge financing and adjustment mechanics to allow the completion of a 10 week accelerated sale of an industrial property owned by JTC.

• Interim Judicial Manager of a diversified investment management firm which operated as an arbitrage broker and trader that defaulted on its loans.

• Provisional Liquidator of a Singaporean subsidiary of a global digital content provider undergoing liquidation involving multiple entities across Asia, Europe and the Americas.

• Liquidator of a biotech manufacturer of insect-based fertilizer and feed products for the agriculture sector involving the sale of its business operations in Malaysia.

• Liquidator of a property investment firm resulting in a multi-million dollar settlement with a borrower who was the developer of a residential condominium project in Australia.

• Assisted the receivers of a global logistics services provider involving the sale of its Singapore business and operations and divestment of its overseas subsidiaries resulting in the full debt refinancing with the secured lenders and significant debt recovery for the bondholders.

• Assisted the judicial managers of a Singapore-based clean energy project firm which was the developer of a LNG-to-Power plant in Vietnam.

• Assisted the liquidators of a BVI company operating a cryptocurrency trading platform with primarily Singapore-based users which involved securing and realising cryptocurrency assets held in various centralized cryptocurrency exchanges and commencing legal proceedings against the director for breach of fiduciary duties ultimately resulting in an out-of-court settlement.

• Assisted the independent financial advisor to the holders of perpetual capital securities and preference shares relating to the restructuring of Singapore’s largest water treatment company.

• Assisted the receivers of the owner and operator of a Sentosa hotel which involved the operation and sale of the hotel resulting in a significant recovery to the secured lender.

• Assisted the receivers of the owner and operator of the Singapore Flyer which involved the operation and sale of the Singapore Flyer resulting in the full recovery of the debt owed to the secured lender.

Professional qualifications and associations

• Member, Institute of Singapore Chartered Accountants (ISCA)

• Member, Chartered Accountants Australia and New Zealand (CA ANZ)

• Associate, Insolvency Practitioners Association of Singapore Limited (IPAS)

• Founding Member, IPAS Young Insolvency Practitioners Committee (YIPC)

• Member, INSOL International

• Member, Turnaround Management Association (TMA-Southeast Asia)

• Member, International Women’s Insolvency & Restructuring Confederation (IWIRC SG)

• Forensic Accounting Specialisation (CA FA), Macquarie University

• Bachelor of Commerce (Accounting and Finance), University of Western Australia

Languages

• English