PETALING JAYA, April 12 — Tan Sri Lee Kim Yew, founder and adviser of Country Heights Holdings Berhad has been declared bankrupt by the High Court.said checks on the e-Insolvency website found that Lee was declared bankrupt by the Shah Alam High Court on January 26 this year.
On February 3, Lee had announced that he would step down as CHHB executive chairman to accommodate a change in management for the group’s transformation., an aide to Lee briefly said the businessman would not be responding to the latest disclosure at the time of writing. The property tycoon made headlines during the 2022 Johor state election when he campaigned with former prime minister Tun Dr Mahathir Mohamad to urge the Chinese community to vote for then Parti Pejuang Tanah Air.
Lee also took the stand as a witness in Deputy Prime Minister Datuk Seri Ahmad Zahid Hamidi’s Yayasan Akalbudi corruption trial.
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