PETALING JAYA: Puan Chan Cheong founder of Green Packet Bhd, Malaysias first unicorn has been declared a bankrupt by the Kuala Lumpur High Court for failing to settle a combined sum of RM30.66 million owed to two companies.
The ex-managing director of the telecommunications company had failed to meet the requirements of bankruptcy notices filed on May 24, 2022.
The bankruptcy order was issued on March 27 after an application by Medinis Sdn Bhd, as well as a petition by Everegion Sdn Bhd.
Puan, or better known as CC Puan, is said to owe som…
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