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View Full Version : Hour Glass Jannie Chan to be bankrupt soon


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11-04-2016, 05:20 PM
An honorable member of the Coffee Shop Has Just Posted the Following:

The Court of Appeal dismissed her appeal against the Australia & New Zealand Banking Group (ANZ), which is seeking to recover US$6.5 million (S$8.7 million) in bank facility defaults by Timor Global , for which she is a director and shareholder, and was acting as a guarantor. Timor Global is a coffee plantation and trading company in Timor Leste, with an estate covering about 3,000ha.

http://www.straitstimes.com/singapor...al-against-anz (http://www.straitstimes.com/singapore/courts-crime/hour-glass-co-founder-loses-appeal-against-anz)


Click here to view the whole thread at www.sammyboy.com (http://singsupplies.com/showthread.php?228024-Hour-Glass-Jannie-Chan-to-be-bankrupt-soon&goto=newpost).