PETALING JAYA: Prominent businessman Lee Kim Yew has been declared bankrupt by the Shah Alam High Court.
Checks made by FMT on the e-Solvency website found that the Country Heights Holdings Bhd (CHHB) founder was declared bankrupt on Jan 26.
On Feb 3, Lee announced that he would step down as CHHB executive chairman to accommodate a change in management for the groups transformation.
CHHB is well-known for constructing local landmarks such as MSC Cyberjaya, the Palace of Golden Horses and the Mines International Expo and Convention Centre.
Lee was also a prosecution witness in deputy prime minister Ahmad Zahid…
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