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New Straits Times
05-05-2025
- Business
- New Straits Times
#SHOWBIZ: RM4.65mil debt: The worst and most serious experience with Fazura
KUALA LUMPUR: The founder and managing director of Obor Holding Sdn Bhd, Lim Boon Hai, 42, has expressed his disappointment, claiming that a company linked to popular actress and entrepreneur Nur Fazura Sharifuddin has failed to settle a debt of RM4.65 million. Lim, known as Sam, told Harian Metro that his company is pursuing legal action after Pink Fate Sdn Bhd allegedly failed to make the agreed-upon payments. "I am very disappointed with what she (Nur Fazura) has done. This is the worst and most serious experience I have ever been through," Sam said. "This case was filed at the Kuala Lumpur High Court last month (April). Notices have also been sent to the company owned by the celebrity, but no response has been received," he added. Sam claimed that the debt has severely impacted the finances of his companies, Obor and Feline. "Since the end of 2023, it has been difficult to get debt payments from them. We have tried various ways to contact the party there (Fazura) but have not received good cooperation. "Our main goal is only to obtain the outstanding balance," he said. He further alleged that a RM1 million cheque signed by Fazura and dated Sept 3, 2024, had bounced due to insufficient funds. "My party received a cheque of RM1 million from that party that didn't clear. I really didn't expect this to happen. "We have informed them about this matter so that they can use other alternatives to make immediate payments, but it was not honored," he said. Sam clarified that the transactions occurred while Fazura was still a director at Pink Fate, before her resignation in January. Her brother, Ahmad Faiz Sharifuddin, remains a director. According to a previous report, Obor Holding Sdn Bhd, the owner of Feline Malaysia, claims that Pink Fate Sdn Bhd, purportedly co-founded by Fazura, was supplied with headscarves worth RM7,330,197.04 since June 2022. However, Pink Fate allegedly only paid RM2,680,167.90, leaving an outstanding balance of RM4.65 million. Obor Holding also alleges that they have faced difficulties in collecting the payment since December 2023. The suit names Pink Fate Sdn Bhd, Fazfit Sdn Bhd, Ahmad Faiz Sharifuddin, and Fazura as defendants. The statement of claim reportedly indicates that the RM4.65 million debt includes RM3.6 million from five additional orders made in June and September 2024, despite the previous debt remaining unpaid. The document also alleges that Faiz assured Feline that the additional order was for the Ministry of Education through the Merdeka Collection initiative.
Hype Malaysia
05-05-2025
- Business
- Hype Malaysia
Manufacturer Claims Actress Nur Fazura's Hijab Company Owes It RM4.65mil
Malaysia boasts a number of hijab brands, some of which are founded by beloved celebrities. Actress Nur Fazura's brand is one of the biggest in the country's hijab market, yet it has recently come under fire for allegedly owing its supplier. According to a statement sighted by The Rakyat Post, tudung manufacturer Feline Malaysia and its owner Obor Holding Sdn Bhd recently alleged that it's facing financial difficulties after its client, Pink Fate Sdn Bhd, owed it millions of ringgit. Pink Fate is known as the parent company of Fazura's Tudung FAZURA brand and Obor Holding claimed that it had supplied the company headscarves worth RM7,330,197.04 since June 2022. However, Pink Fate has allegedly only paid its supplier RM2,680,167.90, which means the company still owes an outstanding balance of RM4.65 million. In addition, the headscarf supplier said it faced increasing difficulties collecting payments since December 2023. The company is now seeking legal action against Pink Fate and its two founders – Fazura and her brother, Ahmad Faiz Shariffudin. It's worth noting that Fazura is no longer a director under the company, but all transactions mentioned in the document were made when she still held the position. According to the document, the RM4.65 million debt includes five additional orders made in June and September 2025, amounting to RM3.6 million. These new orders were made despite the previous debts remaining unpaid at the time of order. The document states that Faiz mentioned that the additional orders were made for the Ministry of Education, under the Merdeka Collection initiative. The Pink Fate co-founder also allegedly reassured its creditor that its company's financial capacity is sufficient, as it has partnerships with reputable companies and government agencies, like Boh Plantations Sdn Bhd (BOH) and the National Cancer Institute (IKN). While Obor Holding was handed a RM1 million cheque signed by Faiz and Fazura on 3rd September 2024, the company was unable to cash it. As it turns out, the cheque bounced and the company received a Return Cheque Advice notice from the bank. Obor Holding is currently in the process of filing a Judgement in Default against Pink Fate, as the deadline to respond has passed. Fazura, Faiz and Pink Fate have yet to publicly comment on the matter, but we hope they can settle this issue as soon as possible. What are your thoughts on this? Sources: The Rakyat Post
Rakyat Post
05-05-2025
- Business
- Rakyat Post
Manufacturer Claims 'Tudung FAZURA' Company Owes RM4.65 Million
Subscribe to our FREE There's no denying that headscarves are one of the most in-demand clothing items in Malaysia. That's why it's no surprise the hijab industry has rapidly grown in recent years. However, behind this booming industry, a headscarf manufacturing factory claims it is facing financial difficulties. More shockingly, the manufacturer—Feline Malaysia—claims that these issues stem from a debt of nearly RM4.65 million owed by a company owned by popular actress and entrepreneur Nur Fazura Sharifuddin. Manufacturer Claims Company Owes RM4.65 Million According to a statement of claim we sighted, Obor Holding Sdn Bhd, owner of Feline Malaysia, alleges that Pink Fate Sdn Bhd—commonly known to be co-founded by Fazura—was supplied with headscarves worth RM7,330,197.04 since June 2022. However, Pink Fate has only paid RM2,680,167.90, leaving an outstanding balance of RM4.65 million owed to Feline. Obor Holding also claims it has faced increasing difficulty collecting payments since December 2023. Fazura and Her Brother Named as Defendants Besides Pink Fate as the first defendant, the legal document also names Fazfit Sdn Bhd as the second defendant, Fazura's brother Ahmad Faiz Sharifuddin as the third, and Fazura herself as the fourth defendant. The document further claims the RM4.65 million debt includes five additional orders made in June and September 2024 amounting to RM3.6 million, despite the previous debts remaining unpaid at that time. Additionally, the document states that Faiz assured Feline the extra orders were made for the Ministry of Education under the Merdeka Collection initiative. Our checks found that this program took place in July 2024, in collaboration between the Ministry and Tudung Fazura as part of the 67th Independence Day celebrations. The claim further states that to reassure Feline of the company's financial capacity, Faiz and Fazura mentioned they were receiving government payments from previous projects and had strong partnerships with reputable companies such as Boh Plantations Sdn Bhd (BOH), Hotel Movenpick, and the National Cancer Institute (IKN). Obor Holding further stated that when the additional orders were made, the celebrity and her brother clearly knew—or ought to have known—that the company was relying on their 'representations' and was 'induced to proceed with fulfilling the orders based on a legitimate expectation that payment would be received for the orders placed' by the Tudung Fazura company. Obor Holding claims that, due to the assurances given, the manufacturer proceeded to fulfill the additional orders, which were this time delivered to Fazfit Sdn Bhd—known publicly as the company behind Fazura Skincare products. Unfortunately, their efforts were in vain as no payments were received from any party. 'The outstanding amount was combined with the previous unpaid balance, making the total debt RM4,650,029.14,' the statement reads. Received Bounced Cheque Worth RM1 Million The statement adds that although Faiz later handed over a cheque co-signed with Fazura worth RM1 million on 3 September 2024, Obor Holding was unable to cash it—the cheque bounced, and they received a Return Cheque Advice notice from the bank. Obor Holding further clarified that all these transactions occurred while Fazura was still a director, before she stepped down from her role at Pink Fate in January 2025. However, her brother Faiz remains a director. When contacted, Obor Holding stated that it is in the process of filing a Judgment in Default against Pink Fate, as the deadline to respond has passed. We have reached out to Fazura for comments however as at press time, the celebrity, her brother Faiz, and her manager did not respond to TRP's queries that were sent via WhatsApp. Share your thoughts with us via TRP's . Get more stories like this to your inbox by signing up for our newsletter.
