KUALA LUMPUR, April 13 — Country Heights Holdings Berhad (CHHB) said today its financial standing and operations were untouched by its founder, Tan Sri Lee Kim Yew, being...
KUALA LUMPUR, April 13 — Country Heights Holdings Berhad said today its financial standing and operations were untouched by its founder, Tan Sri Lee Kim Yew, being declared bankrupt by the High Court.
“We have a competent management team, and a strong corporate governance structure in place to ensure that our business operations continue without interruption,” he said in a statement here. “The group acknowledges and appreciates the robust corporate governance policies of Bursa Malaysia and remains dedicated to maintaining the utmost standards of ethics and professionalism,” he said.
Lee said the AORO on January 26 stemmed from a petition a former consultant based in the United States filed against the tycoon over RM3 million allegedly owed to the latter.
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