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Terence Loh given 2 weeks to propose debt repayment plan
Hearing into Novena Global Healthcare co-founder's bankruptcy case - filed by Maybank - adjourned again
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Maybank is seeking to recover more than $3 million in outstanding debt from Mr Terence Loh, who also owes Citibank about $2.7 million.
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Novena Global Healthcare (NGH) co-founder Terence Loh has been given two more weeks to come up with a way to repay his creditor to avoid bankruptcy.
The hearing into his bankruptcy case was adjourned for the third time yesterday after his lawyer told the court that his client needed more time to propose a plan to repay its debt to Maybank.
