Tranglo’s minority shareholders file oppression suit against HK’s TNG Fintech

Tranglo’s minority shareholders file oppression suit against HK’s TNG Fintech

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Minority shareholders of Malaysian fintech company Tranglo Sdn Bhd have filed an oppression suit against Hong Kong’s headquartered TNG Fintech, which acquired a 60 per cent stake in the former from Malaysian government-linked private equity fund manager Ekuinas in October 2018, according to a press statement received by DealStreetAsia.

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