(Benang Rojak mix Gosip VVIP )Daim’s son declared bankrupt

311gurl

SINGAPORE: Former Malaysian finance minister Daim Zainuddin’s son has been declared a bankrupt over about SD1.65 million in debt that he owed to Maybank Kim Eng Securities.

Following this, according to a report in the Straits Times, Md Wira Dani Abdul Daim has stepped down as non-independent and non-executive director of LionGold Corp.

The decision to step down was made known in a statement filed with the Singapore Stock Exchange. The statement indicated that Wira Dani intended to resolve the matter within 30 days.

Wira Dani, 37, had also ceased to be ISR Capital executive chairman since Monday, said the ST report. Public-listed ISR is an investment and investment advisory firm focused on the natural resources space, according to its website.

Maybank secured a High Court judgment against Wira Dani in March to reclaim a debt of SD2.459 million that he owed. This is said to have been borrowed by him to buy LionGold shares on a leveraged account, according to the ST report.

Shares in LionGold as well as Blumont Group and Asiasons Capital plunged in October 2013, slashing some SD6.9 billion of their market value in three days, according to media reports.

This led to an official investigation into suspected irregularities, and lawsuits were filed by various parties, although the three companies said they were unaware of the reasons for the plunge, said the ST report.

LionGold, dealing in gold mining resources, had a SD26.9 million market value as of June last year, compared with SD1.59 billion at its peak in August 2013.

Wira Dani, according to the report, had agreed to pay the bank via instalments but, by August 2014, had repaid only SD100,000.

Maybank in April accepted the offer from Wira’s lawyer Woo Tchi Chu to settle the debt, with SD1 million to be paid in two tranches within the month and the rest by end-June.

Maybank’s Allen & Gledhill lawyer Vincent Leow had made clear that bankruptcy was an option in the event of a default by Wira Dani. In the event, according to the ST report, Maybank received only about SD835,950, leaving a shortfall of SD1,650,642.

This triggered the bankruptcy move. Maybank, said the ST report, refused to comment when contacted, citing client confidentiality.

311gurl

http://www.straitstimes.com/asia ... ister-made-bankrupt

311gurl

tengok from his wife, elok je lifestyle.. jetset sana sini..

cik_pink

311gurl replied at 18-8-2016 10:30 AM
tengok from his wife, elok je lifestyle.. jetset sana sini..

tulah. baru nak cakap...tengok syiok je cikcur ke sana ke mari pi holiday. siap hashtag dia tu ape ke nama dia slalu bubuh #foreveronvacation ke pejadah tah

jlo

adakah hashtag #foreveronvacation masih bole pakai since the hubs declared bangkrap

ratuiphone

Tgk life style masih mewah..siap.pi london lagi..saje declare bankrup.la.kot sbb tak nak bayar hutang..
Duit bkepuk2 simpan akaun lain la rasa nye
Pmainan org kaya nie selalu mcm tu..

kuchenta_81

ratuiphone replied at 18-8-2016 11:25 AM
Tgk life style masih mewah..siap.pi london lagi..saje declare bankrup.la.kot sbb tak nak bayar hutan ...

kalo bankrap boleh ke lepas immigration?

grungeee

Pretty sure he has bajillion bucks stashed elsewhere. SGD1.65M is peanuts to them!

watachiwa

kuchenta_81 replied at 18-8-2016 11:36 AM
kalo bankrap boleh ke lepas immigration?

kannn baru nak tanya..
but anak late Tunku jeff aka Tunku Imran dulu2 masa declared bankrupt elok saje gi meeting olimpik oversea.. or dah clear dah kot

batman_2007

Dia ni anak daim ropanya..

311gurl

silly lah if percaya dia mmg tak ada duit.. obvs duit banyak simpan kt somewhere else..

but still his reputation tu dah terjejas.. tak pasal nama bapak dia kena sekalii

pasal kes N9 tu lagi lah,, suka hati tak nak bayar.. guna ticket 'kerabat'.. time tu yg selesaikan hutang si cina businessman yg beli/dpt datukship n9 kan..

hidet

bankrup atas ketas je.. lucut jwtn from LioGrup ni je..brp byk grup lagi dia badi BOD.. xhabis 7 keturunan aih harta dia..jgn kita marhean ni terkejut sgt

311gurl

dani ni known for what? dia banyak jad BOD kt company2.. but i don't think many recognize him as a businessman... like he has no business empire or created something..

Hotatei

Hahaha think eh harapkan duit Bapak. I don't see any business prowess. That amount is small change for him. Wayang la ni. Don't worry sabby don't have to change her vacation status yet

momomikomiki

declare bankrup pun kat spore kan....xde masalah ler dia nak kluar masuk negara pun

momomikomiki

wife dia ni  xde mcm sesetengah ppuan tu yg kawin vvip show off bag kasut bagai..

-electrifying-

takziah kepada beliau

kisahkeaku

eh...ni ke dulu gossip dgn camellia dan dicaras oleh raja Hendon???ke sis salah org...dia kawen dgn sape....

hidet

momomikomiki replied at 18-8-2016 01:20 PM
wife dia ni  xde mcm sesetengah ppuan tu yg kawin vvip show off bag kasut bagai..

bab ni i agree.. Sabby mmg tak show off..  janji #foreveronvacation

MsAzr

kadang2 tu declare bankcruptcy sbb ada sebab tu