Tan Sri Ting Pek Khiing

KUALA LUMPUR (June 8): East Malaysian tycoon Tan Sri Ting Pek Khiing (pictured) has been in the news lately again, both for the right and wrong reasons.

Last week, the limelight shone on him again after many years when he announced plans to build the RM30 billion Langkawi New City Project.

And today, there were reports that an arrest warrant has been issued by the Kuala Lumpur High Court on Ting.

He however rubbished claims that he was trying to flee from the law and that he even wrote to the court saying he could not be present on June 7 as required, but was ready to attend any other day.

“People think that I am a wanted person like any other (suspected) people on the wanted list,” he told the media in Kuching, reported the Malay Mail.

“People want to embarrass me. I wrote them the letter. They still want to issue this letter to me. It is a demand letter.

“They want to show whether I am working on this [the Langkawi New City Project] or not,” he said.

“I’m not a murderer, I’m not a criminal. I told them that I would come any other day [other than June 7].”

Ting conformed today he will comply with an order to appear in the High Court in Kuala Lumpur on June 29

The arrest warrant was issued under Section 28 of the Insolvency Act 1967. A warrant of arrest has already been issued against Ting’s wife Puan Sri Wong Sui Chuo on May 18, 2018 for her failure to appear in court on that day.

Both Ting and his wife were expected in court to be questioned by creditors on Ting, his dealings and his ability to pay pursuant to Sections 17 & 31 of the Bankruptcy Act 1967.

Ting was a no-show in court yesterday and his lawyer conveyed that he was busy preparing for the planned multibillion-ringgit development.

“When the creditors discovered last week (last Thursday) through the media that he (Ting) had this RM30 billion project that he wanted to launch, they were in all honesty very happy for him. All they request is that ‘if he has the money, if he can afford it, please pay off the creditors first’", a source told The Edge Financial Daily.

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