Diamonds, nickel - and S$1.46b of failed promises
Singapore
LATE last year, Coco Cai, a 30-year old socialite, was photographed for a luxury magazine, draped in her newly acquired baubles from luxury brand Bvlgari's Barocko jewellery collection.
As a valued client of the Italian jeweller, she was getting an exclusive private viewing of a curated collection, presented to her in her home, since a shopping trip to Italy was out of the question during the pandemic.
TRENDING NOW
Firm loses wrongful dismissal case despite following termination clause
Vietnam seeks US$76 billion a year from capital markets to ease reliance on banks
Soilbuild’s Lim Chap Huat sues Brookfield, claims it reneged on joint venture: WSJ
Citi, OCBC downgrade UOB post-Q2 results; RHB upgrades on valuation