Former TVB artist Wong Yin Chi comes from a wealthy family, reportedly owning 3 billion HKD (approximately 1.7 billion MYR) in assets. However, last year, it was reported that a financial company filed a lawsuit against Wong Yin Chi for about 3 million HKD (approximately 1.72 million MYR). At the end of last year, he personally filed for bankruptcy at the High Court, with the hearing scheduled for the 4th at the High Court. Wong Yin Chi did not attend court. The judge, in the absence of opposition, issued a bankruptcy order for Wong Yin Chi.
During one of the hearings, a creditor's representative opposed the bankruptcy petition and pointed out to the judge that Wong Yin Chi allegedly made false statements and concealed liabilities when applying for a loan from his company, thereby successfully obtaining the loan.
News Source: Dongwang