Court freezes RM169m worth of assets belonging to Asia Media founder Ricky Wong | Malay Mail

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Court freezes RM169m worth of assets belonging to Asia Media founder Ricky Wong

Sunday, 10 May 2020 04:52 PM MYTKUALA LUMPUR, May 10 — The Kuala Lumpur High Court has granted an interim order for the Securities Commission Malaysia to freeze the assets of Datuk Wong Shee Kai, or better known as Ricky Wong.

“The order, obtained under Section 360 of the CMSA, prohibits Wong, his mother Teh Sew Wan, and a company owned by them, Wong SK Holdings Sdn Bhd, from dealing with assets and properties to the value of RM169,223,500.00. “This Order will bind all the defendants and also prohibit any person from knowingly assisting or permitting any dealings with the defendants’ assets and properties.”

 

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