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Nelson Loh has left S'pore amid business troubles, police probe into Novena Global Healthcare Group: Terence Loh

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Nelson Loh has left Singapore amid business troubles, police probe into Novena Global Healthcare Group: Terence Loh

SINGAPORE - Mr Nelson Loh, 40, co-founder of Novena Global Healthcare Group, which is under police probe, has left Singapore, said his cousin and former business partner, Mr Terence Loh.

However, Mr Terence Loh said that he"firmly believes" the potential liquidation of the Singapore subsidiary, which operates six aesthetic clinics in Singapore,"may not necessarily result in the demise" of the parent company. On Tuesday, DBS had applied to the High Court to wind up Novena Global Healthcare Pte Ltd, which is believed to have owed the bank millions of dollars.The company incorporated in 2016 has also not filed its annual returns which was due on June 29, 2018.

 

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The cousins plugged each other but our greedy banks got eff-ed instead...lesson learned.- flashed and dashed!

Hiding in CHINA

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