Daim's son sued over debt to buy LionGold shares

Maybank Kim Eng files S$2.6m suit in Singapore against LionGold deputy chairman Wira Dani

Friday, June 5, 2015 - 05:50

Anita Gabrielanitag@sph.com.sg@AnitaGabrielBT

Maybank Kim Eng Securities filed a lawsuit in April in Singapore's high court to recover some S$2.6 million from Md Wira Dani Abdul Daim owed to the broking firm for LionGold shares bought in a leveraged account, according to Bloomberg.

PHOTO: THE STAR

Singapore

THE litigation net involving October 2013's devastating penny stock saga on the Singapore Exchange has widened, this time involving the 37-year old son of Malaysia's former finance minister Daim Zainuddin.

Maybank Kim Eng Securities filed a lawsuit in April in Singapore's

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Daim's son sued over debt to buy LionGold shares

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