Chinese developer and Marina Bay Sands going to trial over $3.5 million gambling debt

MBS had earlier won a judgment against Mr Luo Shandong over his gaming debt, but he appealed, saying he had already paid an alleged agent of MBS to get around the stringent currency control regulations in China. PHOTO: ST FILE
New: Gift this subscriber-only story to your friends and family

SINGAPORE - A mainland Chinese property developer is going to trial in the High Court here with Marina Bay Sands (MBS) over a $3.5 million gambling debt.

MBS had earlier won summary judgment to recover gaming debt comprising $2.98 million plus interest from Mr Luo Shandong, a former controlling shareholder of Catalist-listed China property developer Emerging Towns & Cities Singapore.

Already a subscriber? 

Read the full story and more at $9.90/month

Get exclusive reports and insights with more than 500 subscriber-only articles every month

Unlock these benefits

  • All subscriber-only content on ST app and

  • Easy access any time via ST app on 1 mobile device

  • E-paper with 2-week archive so you won't miss out on content that matters to you

Join ST's Telegram channel and get the latest breaking news delivered to you.