The Edge Malaysia·4 min read·hard
Appellate court upholds RM169.2m asset freeze against Ricky Wong, mother and company
✦AI Summary
The Malaysian Court of Appeal has upheld a RM169.2 million asset freeze against Ricky Wong, his mother, and their company, Wong SK Holdings. The ruling supports the Securities Commission Malaysia's civil suit regarding alleged market misconduct and fraud involving Bright Packaging Industry Bhd.
BURSA SGX Home Highlight Make The Edge Malaysia your preferred source on Google PUTRAJAYA (Aug 10): The Court of Appeal upheld a 2022 High Court order preventing Ricky Wong Shee Kai, his mother Teh Sew Wan, and their company Wong SK Holdings Sdn Bhd from dealing with assets worth about RM169.2 million.
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