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Design Studio Group Ltd
8 Sungei Kadut Crescent
Phone: +65 63670133p:+65 63670133 728682  Singapore Fax: +65 63662612f:+65 63662612
Filed for Insolvency on 10/27/2021
On 1/20/2020, Design Studio Group Ltd and five of its Singapore incorporated subsidiaries, Design Studio Asia Pte. Ltd., Design Studio (China) Pte. Ltd., DSG Asia Holdings Pte. Ltd., DSG Manufacturing Singapore Pte. Ltd., and DSG Projects Singapore Pte. Ltd. applied to the High Court of the Republic of Singapore to commence a court-supervised Reorganization process and to seek a Moratorium against enforcement actions and legal proceedings by creditors against the Singapore Applicants pursuant to section 211B of the Companies Act of Singapore. The Company's Malaysia-incorporated subsidiaries, DS Project Management Sdn Bhd, DSG Manufacturing Malaysia Sdn Bhd and DSG Projects Malaysia Sdn Bhd, filed applications to the High Court of Malaya at Johor Bahru and the High Court of Malaya at Shah Alam, to be placed under Judicial Management under section 405 of the Companies Act 2016.
On 10/27/2021, The Board of Directors of Design Studio Group Ltd filed a Winding up Petition for the compulsory liquidation of the Company.
This company is no longer actively traded on any major stock exchange.
Business Summary
Design Studio Group Ltd is a Singapore-based interior fit-out provider. The Company operates through nine portfolios: manufacturing, residential, commercial, hospitality, retail, F&B, themed works, office and cruise liner. Its residential portfolio includes The Criterion, Cairnhill 9, M Suites on The Embassy Row and Tropicana Grande. The Company’s commercial portfolio includes Yale-NUS College, Tradewind Show Gallery, ITE College Central and ITE Headquarters, and OCBC Campus. Its hospitality portfolio includes Swissotel Merchant Court, M Social Hotel, Ritz Carlton Langkawi and The Atrium. The Company’s retail portfolio includes Robinsons Department Store. Its F&B portfolio includes Asia Square Tower 1 & 2 Food Court. The Company’s themed works portfolio includes RWS Casino. Its office portfolio includes Menara Cimb @ KL Sentral. The Company’s cruise liner portfolio includes AIDA Prima Cruise and AIDA Perla Cruise.
(Source: Company's Website)

Scores and Ratings
FRISK®
Score		 Z''
Score		 PAYCE®
Score		 DBT
Index		 Moody's
Rating		 Fitch
Rating		 DBRS
Rating
-Yes-----

Financials, News and Filings
Latest
Statement		 Last
Audit
News		 SEC
Filings		 Bankruptcy
Filings		 Suit &
Judgment
Filings		 Tax
Lien
Filings
6/30/202112/31/2018Yes----

Industries
SIC Code Description
7389 Business services, not elsewhere classified
2511 Wood household furniture, except upholstered
2434 Wood kitchen cabinets
2541 Wood office and store fixtures, partitions, shelving, and lockers
2512 Wood household furniture, upholstered
2521 Wood office furniture
2499 Wood products, not elsewhere classified
5021 Furniture
2431 Millwork
1751 Carpentry work

Officers and Directors

Title
Name
Age		 Title
Date		 Start
Date
Independent Non-Executive Chairman of the Board Hock LinChew 43 1/14/2020 1/14/2020
Interim Chief Executive Officer, Executive Director Steven J.Salo 38 12/4/2019 4/26/2019
Director Kah LiamKoh
3 additional Officers and Directors records available in full report.

Business Names
Business Name
D11
Design Studio (China) Pte. Ltd.
Design Studio Asia Pte. Ltd
6 additional Business Names available in full report.

General Information
Number of Employees: 403 (As of 12/31/2004)
Outstanding Shares: 260,264,171 (As of 6/30/2021)
Shareholders: 748
Stock Exchange: SIN
Fax Number: +65 63662612


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Tuesday, April 2, 2024