DBS applies to wind up Novena Global Healthcare founded by Loh cousins

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Novena Global Healthcare founders Mr Terence Loh (left) and his cousin Mr Nelson Loh said in October that they have agreed to legally split their business interests.

DBS applies to wind up Novena Global Healthcare founded by Loh cousins

Joyce LimSenior Correspondent

SINGAPORE – DBS Bank has 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 firm will be put into liquidation if the High Court grants the application next month.

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