AA Group dragged into debacle involving Epicentre chairman
Firm gets demands on debts allegedly signed on its behalf by Kenneth Lim Tiong Hian, but he has no ties to AA
DeeperDive is a beta AI feature. Refer to full articles for the facts.
Singapore
THE debacle that has enveloped former Apple reseller Epicentre Holdings seems to be extending its reach to include manufacturing company AA Group Holdings.
AA Group announced on Tuesday that it has received two statutory demands and one letter of demand from an alleged creditor, over financing agreements allegedly signed on its behalf by Kenneth Lim Tiong Hian - the executive chairman and acting chief executive officer of Epicentre Holdings, who is said to be uncontactable since May 24.
Copyright SPH Media. All rights reserved.
TRENDING NOW
‘Boring’ is the new black: The stars are aligning for a Singapore stock market revival
Near sell-out launches in March boost developer sales to 1,300 units after four slow months
China pips the US if Asean is forced to choose, but analysts warn against reading it like a sports result
Genting Singapore’s Lim Kok Thay receives S$7.5 million pay package for FY2025