US EditionICBC moves to seize Ng Lap Seng’s assets
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ICBC moves to seize Ng Lap Seng’s assets
Industrial and Commercial Bank of China has taken legal action to seize properties and other assets related to disgraced businessperson Ng Lap Seng over unpaid debts, with his son, Ng Kei Nin, among the 10 addressees, most of whom companies. According to a notice published last Wednesday (18 June) by the Court of First Instance, Ng’s possessions include nearly 80 parking bays and over 40 units. In addition, other assets include over MOP1.7 milli…
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