
Tudung supplier sues actress Fazura, brother over RM4.65mil debt
According to the statement of claim, actress Nur Fazura Sharifuddin was a director in Pink Fate Sdn Bhd with her brother until her resignation on Jan 13 this year. (Bernama pic)
PETALING JAYA : A tudung supplier is suing actress Nur Fazura Sharifuddin and her brother, Ahmad Faiz, for allegedly failing to pay RM4.65 million owed for tudung shipments.
According to the statement of claim, the plaintiff, Obor Holding Sdn Bhd, claims Pink Fate Sdn Bhd, a company owned by Fazura and Faiz, has paid only RM2,680,167.90 for 33 tudung shipments worth a total of RM7,330,197.04.
Fazura, Faiz and Pink Fate are listed as defendants, as well as Fazfit Sdn Bhd, a company owned by the siblings and in which Faiz is a director.
Besides being a shareholder in Pink Fate, Fazura was also a director in the company with her brother until her resignation from the position on Jan 13 this year.
'(Fazura's) resignation from (Pink Fate), demonstrating an apparent lack of concern for the management of (Pink Fate), suggests (Pink Fate) may face liquidation to enable the other defendants to evade liabilities,' read the statement of claim.
Obor Holding claims its representatives first met Faiz in early 2022 at the Fazfit office in Kota Damansara, during which the latter expressed interest in engaging the plaintiff to fulfil a high-volume order for tudungs.
'During the meeting, Fazura was presented by Faiz as his sister who is also a prominent Malaysian celebrity, widely recognised for her established and successful business ventures under her renowned Fazura brand.
'Fazura's reputation as a public figure and entrepreneur was emphasised, portraying her as an influential and trusted individual in the business industry.
'They highlighted her celebrity status as a cornerstone of their financial strength and success, further asserting that their ventures were supported by collaborative projects with government authorities and other prominent business partners,' read the statement of claim.
Utusan Malaysia quoted Obor Holding director Lim Boon Hai as saying his company filed their suit last month after failing to get a satisfactory response from the defendants.
'We have found it hard to claim the money from them since the end of 2023.
'Since the suit was filed, we have received no response from their companies until now. The last time we communicated with Fazura and the company management was at the end of 2024.
'It seems they have no intention of resolving this issue,' he said.
Lim claimed Fazura had given him empty promises, as well as a cheque that bounced in September last year.
'Our company is in dire financial straits as a result of this, forcing us to take these steps to resolve the matter,' he said.
Hashtags

Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles


The Sun
6 hours ago
- The Sun
iCents Group signs IPO underwriting agreement with Alliance Islamic Bank
KUALA LUMPUR: Cleanroom and facility services provider iCents Group Holdings Bhd has inked an underwriting agreement with Alliance Islamic Bank Bhd in conjunction with its initial public offering (IPO) en route to a listing on the ACE Market of Bursa Malaysia by July. It said in a statement the IPO encompasses a public issuance of 112.5 million new ordinary shares, representing 22.5% of its enlarged issued share capital, as well as an offer for sale of 30 million existing shares, representing 6% of its enlarged issued share capital. 'Out of the 112.5 million issue shares, 25 million shares will be made available to the Malaysian public via balloting, with 10 million shares to its eligible directors, employees and persons who have contributed to the success of the group, 15 million shares will be made available by way of private placement to selected investors, while 62.5 million shares will be made available by way of private placement to Bumiputera investors approved by the Ministry of Investment, Trade and Industry,' it said. Additionally, 30 million offer shares will be for selected investors by way of private placement. Group managing director Ong Mum Fei said the signing of the underwriting agreement with Alliance Islamic Bank would provide the company with the financial resources and flexibility needed to accelerate its strategic growth plans. 'As we expand our capabilities, we are committed to enhancing our competitive position within Malaysia's cleanroom industry, as well as executing our geographical market expansion plans in Indonesia, Singapore and Sarawak, through the IPO proceeds,' he said. Meanwhile, executive director Foo Siang Leng said the outlook of the cleanroom industry is positive, supported by steady growth in the semiconductor and electronics, data centre, pharmaceutical and food and beverage sectors, alongside the initiatives under Malaysia's New Industrial Master Plan 2030. 'We aim to capitalise on these opportunities through our growing involvement in these key industries by expanding our operational capabilities, expanding market reach and broadening our product range and addressable markets,' he said. – Bernama


The Sun
6 hours ago
- The Sun
Che Wan Group's partnership with Oasis Harvest a recipe for expansion, future growth
PETALING JAYA: Chef Wan Group's strategic partnership with Oasis Harvest Corporation Bhd is a major milestone in its next phase of growth, reinforcing its position as a beloved national culinary brand and propelling the group's future ambitions. Oasis Harvest, through investment holding company Metta Food & Lifestyle Sdn Bhd – a Malaysia-based investment company with a strong focus on developing, scaling, and nurturing premium food and beverage brands – is deeply involved in the growth and strategic development of Chef Wan Group, which includes renowned dining concepts such as 1958 and Cafe Chef Wan. Metta Food CEO and managing director of Chef Wan Group Andre Shum Khum Yuin said this exercise will allow the company to enhance the reach of Datuk Redzuawan Ismail's (Datuk Chef Wan) brand and continue its mission of sharing his culinary legacy with more people. 'With Oasis Harvest's support and partnership, we are confident that CWG (Chef Wan Group) will thrive and expand to new markets,' he said in a statement. Metta Food, with its expertise in the food and beverage sector and understanding of emerging culinary trends, together with Datuk Chef Wan, plays a role in elevating the group's brands while maintaining a close partnership with Datuk Chef Wan, whose culinary vision continues to shape the brand's identity. Chef Wan Group is known for its iconic dining experiences such as 1958 by Chef Wan and Cafe Chef Wan. Datuk Chef Wan, who remains actively involved in the direction of the brand, said, 'I'm honored to remain a guiding force behind the brand as we embark on this next phase. Our goal is clear: to preserve and celebrate Malaysia's culinary traditions while expanding our reach to food lovers everywhere and internationally.' As a 20% stakeholder in Chef Wan Group through Metta Food's subsidiaries, Datuk Chef Wan continues to play an integral role in shaping the brand's future, ensuring that his culinary vision remains central to its ongoing success. This exercise represents a significant development for Chef Wan Group, providing the necessary resources to propel the Chef Wan brand forward and strengthen its position in the culinary scene. Datuk Chef Wan's legacy remains central to its identity, and he continues to be an integral part of the group's growth. Chef Wan Group is excited about the partnership and opportunities ahead, and the brand's core values of quality, authenticity, and excellence will continue to guide its growth, as the group remains dedicated to representing Malaysia's rich culinary heritage consistently. 'We are immensely proud of CWG's success as a Malaysian-born brand,' said Shum. 'This exercise is not about changing who we are; it's about enabling the brand to grow and reach more people while remaining true to our roots.' With the continued support of its loyal patrons and stakeholders, Chef Wan Group is poised to expand its presence and elevate Malaysian cuisine.


The Sun
6 hours ago
- The Sun
Pan Merchant aims to raise RM67.6m from IPO for international expansion
KUALA LUMPUR: Solid-liquid filtration solutions provider Pan Merchant Bhd seeks to raise RM67.6 million from its initial public offering (IPO) for its listing on the ACE Market of Bursa Malaysia for international expansion. Of the total proceeds, the company will allocate RM62.7 million for capital expansion, of which RM28 million will be used to expand its manufacturing plants, including the acquisition of machinery, equipment and tools, as well as renovations to its manufacturing facilities. A further RM7 million will be allocated for product development and the remaining RM27.7 million for business expansion, general working capital and defraying listing expenses. The goal of the IPO is to grow the group's global market share to 2%-3% through further global expansion, particularly in Europe and America. Managing director Wong Voon Ten said the company aims to stay ahead in the industry by emphasising research and development, sharpening the performance of products, experimenting with new materials and technology, and staying agile in addressing the evolving demands of international clientele. 'In tandem with this, we are ramping up our manufacturing capabilities. From investing in the latest machinery and expanding automation to introducing new production lines, these improvements are designed to boost consistency, precision, and production scalability in line with our global growth ambitions,' he said at the launch of the IPO prospectus today. Wong said the US and European markets represent high potential opportunities for premium solid-liquid filtration systems. 'We are confident our offerings are well-aligned with the expectations and standards of these discerning markets.' The IPO involves a total of 250.2 million ordinary shares in Pan Merchant, which includes 232.2 million new shares and 18. million offer-for-sale shares. The total number of shares represents 27.3% of the enlarged share capital. The group aims to distribute at least 30% of its annual audited net profit after tax to reward its shareholders. Pan Merchant is scheduled to list on the ACE Market on June 26. Affin Hwang Investment Bank Bhd is the principal adviser, sponsor, sole placement agent and sole underwriter for the group's IPO.