Credit company files RM160m suit against husband of Chinese actress Vicki Zhao for loans taken in 2016 | Malay Mail

  • 📰 malaymail
  • ⏱ Reading Time:
  • 52 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 24%
  • Publisher: 86%

South Africa News News

South Africa South Africa Latest News,South Africa South Africa Headlines

Credit company files RM160m suit against husband of Chinese actress Vicki Zhao for loans taken in 2016

KUALA LUMPUR, June 30 — There seems to be no end to the financial woes of Chinese actress Vicki Zhao and husband Huang You Long.

A credit company has filed a HK$300 million suit against Huang for two loans taken by the 45-year-old according toThe report stated that Wanhui Co Ltd claimed Huang had in August 2016 borrowed HK$100 million from JC International Finance Limited.In October of the same year, Huang borrowed another HK$50 million.Huang’s debts were later transferred by JC International to Wanhui in November 2018.

Wanhui said the debt for the first loan has since accumulated to HK$199 million while the second loan has ballooned to HK$98.95 million. It was previously reported that Huang and Zhao had in 2016 tried to buy 50 per cent shares of a listed company Zhejiang Wanjia via a company they controlled in Tibet Longwei.

Their bid is said to have disrupted the market, and in November 2018 the China Securities Regulatory Commission banned Zhao and her husband from securities markets for a period of five years.To pay off compensation arising from the suits, Zhao, who shot to fame playing Huan Zhu Ge Ge in TV series

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 1. in ZA

South Africa South Africa Latest News, South Africa South Africa Headlines