HONG KONG: A firm controlled by Hong Kong financier Lee Seng Huang won a default ruling against the former boss of CMIG International Holding Pte in a lawsuit claiming he helped conceal US$769mil (RM3.6bil) in loans to the investment firm’s majority owner, according to a Singapore High Court ruling.
KUALA LUMPUR: Mulpha International Bhd has received an unconditional voluntary takeover offer notice at RM2.30 per share from several joint offerors to acquire the remaining shares not held by them.
Hong Kong property giant Sun Hung Kai led a $90 million Series B funding round for Swiss crypto bank Sygnum amid the strong demand for digital asset tools in Asia.