Liquidator begins search for SixCap's assets

Singapore

PATRICK Teng, the boss of Six Capital Investments, met his company's newly-appointed liquidator on Monday as investigations to identify his company's assets take shape.

For years, Mr Teng had described SixCap as a "fintech firm" that used "big data and powerful analytics" to make currency trades. He vigorously defended his firm against scrutiny, even after investors filed police reports against the firm.