The Star·3 min read·medium
Court of Appeal dismisses Ricky Wong’s appeal against RM169.2mil asset freeze
T
The Star
✦AI Summary
The Malaysian Court of Appeal has upheld a High Court injunction freezing RM169.2 million in assets belonging to Ricky Wong and his associates. The freeze is part of an ongoing civil suit filed by the Securities Commission Malaysia regarding alleged securities fraud.
KUALA LUMPUR: The Court of Appeal has dismissed appeals by Wong Shee Kai, also known as Ricky Wong, Teh Sew Wan and Wong SK Holdings Sdn Bhd against a High Court injunction freezing up to RM169.2mil of their assets and properties.
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