Insolvency in Malaysia
Suite 8-12-4, 12th Floor, Menara Mutiara Bangsar, Jalan Liku Off Jalan Riong, 59100 Kuala Lumpur, Kuala Lumpur
RIMBUN is a boutique firm established in the year 2004 specialising in Corporate Recovery and Project Rehabilitation. In an age of short business cycles, companies require services from skilled and knowledgeable corporate recovery specialists whom can provide help in the areas of insolvency.
The success of corporate recovery lies in identifying and implementing the necessary changes and structure required for harnessing and resurrecting collapsed and trapped assets.
It is in this complex environment that RIMBUN takes a lead by implementing an effective and efficient process to sieve and rehabilitate valuable assets.
RIMBUN was founded to service corporate insolvency of companies which have failed to keep up with the fast paced and ever changing business environment of today. Our services extend well beyond the traditional insolvency practice. RIMBUN’s areas of focus has extended to rehabilitation of distressed and abandoned projects (residential and commercial) and providing Conveyancing Services.
RIMBUN employs a holistic approach to rejuvenating assets by looking beyond the insolvency of a company with its work on rehabilitation of abandoned residential projects. Our primary goal is to create value for society by turning distressed assets’ around. Our driven, motivated and network of strategic partners team has all round business and technical experience and exposure which ensure quick and successful turnaround for each contracted engagement. RIMBUN works closely with all stakeholders to identify issues, moving quickly to implement strategies designed ultimately to enhance value.
RIMBUN is committed to a holistic approach to value creation.Show more +
Dato’ Kumar Nathan has over 30 years of international experience in various business operations including finance, investor relations and general management.
He qualified as a Chartered Certified Accountant in 1985 and worked for various Public Accounting firms in the United Kingdom and in 1988 joined Price Waterhouse, Singapore as Audit Senior. In 1989, he was recruited by Carrier International Corporation (subsidiary of United Technologies Corporation, a US Fortune 100 company), in their Asia Pacific Regional Headquarters in Singapore. In 1993, he was attached to Carrier’s subsidiary in India, which is a public listed company, as the Chief Financial Officer and thereafter as Chief Financial Officer of Carrier’s Singapore operation, General Manager of Brunei and Malaysian operation and finally as Director, Aftermarket at the Asia Pacific Operation in Singapore.
In 2004, Dato’ Kumar left Carrier and founded Rimbun. At Rimbun, his specialty includes Corporate Turnaround and Rehabilitating Abandon Residential and Commercial Projects. He also acts as a Consultant to the National Housing Department in their rehabilitation endeavors and is also the elected council member for the Insolvency Practitioners Association of Malaysia.
Recently, he was appointed as the Industry Panel Member for the Accounting & Finance Programmes (Forensic Accounting & Data Analytics) for Asia Pacific University of Technology & Innovation as is a member of Insolvency Practice Committee for Malaysian Institute of Accountants
In year 2019, Dato’ Kumar Nathan obtained his license to practice as an Approved Liquidator and established his insolvency practice in 2020 under Messrs. RKN & Co (affiliated with Rimbun) pursuant to the new guideline by the Accountant General’s Department of Malaysia and the Malaysian Institute of Accountants.
Dato’ Kumar further obtained the approval to practice as an Approved Liquidator in Labuan from the Labuan Financial Services Authority in year 2021.
Areas of Expertise
Corporate Recovery and Turnaround
Rehabilitating Abandon Residential and Commercial Projects
Forensic Accounting, Asset Tracing and Data Analytics
Strata Title Transfer for Wound Up Companies
Strata Management and Housing Development Act
Corporate Rescue Mechanism
CA (M), FCCA (UK), MBA (NUS), MSC (ECON. CRIME MGT), CFEShow more +