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Coutts sues Blumont chairman for S$19.9m

Banks, traders seek to recover US$140m from October crash

NEO Kim Hock, executive chairman of Singapore commodities company Blumont Group, has been sued by Coutts & Co, taking the sum banks and brokers are seeking to recover from an October crash to at least US$140 million.

Mr Neo owes Coutts S$19.9 million after his shares in Blumont,...

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