DBS requesting RSM be named as liquidators of Novena Global Healthcare: Terence Loh
Co-founder says he will continue to engage with RSM until any liquidation occurs
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Singapore
DBS is seeking to wind up scandal-hit Novena Global Healthcare Pte Ltd (NGHPL), co-founded by Singaporean cousins Terence and Nelson Loh. The bank has filed a winding-up application with Singapore's High Court.
In a statement on Friday, Mr Terence Loh said that he understands that DBS is requesting that insolvency professionals from accounting firm RSM be named as joint and several liquidators of NGHPL.
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