Six Capital files for liquidation; investors, creditors said to be 'owed US$143m'

Singapore

SIX Capital Investments, which billed itself as a fintech firm and vigorously defended itself against the scrutiny of former employees and investors, has applied to be wound up.

On Feb 13, SixCap's boss and sole owner Patrick Teng Chee Wai filed for the voluntary liquidation of his company in the British Virgin Islands, and appointed Baker Tilly (BVI) as his preferred liquidator. Six Capital Investments was incorporated in the BVI.