The chief executive of one victim, depositor Saigonbank Berjaya Securities JSC (SBBS) - a unit of Malaysia's Berjaya Corporation Bhd - told Reuters that if the ruling was upheld, she had little hope of recouping her bank's $10 million from the perpetrator, who was sentenced to life imprisonment. "We can't afford to lose the case. This represents 70 percent of our capital. Our business may get suspended," Josephine Yei said in an interview.
PETALING JAYA: Daya Materials Bhd’s subsidiary Daya Proffscorp Sdn Bhd has received a demand and repossession notices from Malayan Banking Bhd
and MBSB for defaulting on installments for its hire-purchase facilities.
In a Bursa Malaysia filing, the company said the outstanding amount owed to Maybank is RM2,587.70, while the sum due to MBSB is RM122,156.07.
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