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CROWDFUNDING
Bitter wait for CoAssets noteholders as investments turn sour
This follows reports in December that the group had disposed of US$30 million in receivables to Hong Kong-based debt recovery company Sunfits
Investors have also filed police reports against CoAssets' co-founders Getty Goh (pictured) and Seh Huan Kiat, and have grouped together to explore legal options.
ST FILE PHOTO
Singapore
IT is likely to be a long-drawn affair for CoAssets' promissory noteholders to claw back their investments - if they were to get back any at all, said industry watchers.
This comes as hundreds of retail investors - mainly promissory note holders of CoAssets' various...
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