Souqa Fintech says HeiTech Padu aborted 30pc stake acquisition in bad faith, may seek legal action

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Souqa Fintech News

Heitech Padu Bhd

KUALA LUMPUR, Oct 8 — Souqa Fintech Sdn Bhd said today that the HeiTech Padu Bhd had aborted its 30 per cent stake acquisition in bad faith, following a shock U-turn less than...

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“This may end HeiTech Padu’s entry to Islamic fintech industry and the question lies on its board’s ability to navigate the company into the future,” added a HeiTech major spokesman, who remained anonymous.

 

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