Wira is the son of Malaysia’s former finance minister Daim Zainuddin. The former ISR Capital executive chairman resigned in Aug 2016 following the bankruptcy move, which was trigged by a balance of some $1.65 million owed by Wira to Maybank Kim Eng Securities.
The annulment suggests that the owed sum by Wira of $1,650,642 has since been repaid to Maybank.
The brokerage had previously loaned Wira $2,486,593 to buy shares in LionGold, one of the three companies whose share price crashed in October 2013 after a strong run-up, for which Maybank only received a repayment sum of $835,950 as last reported on Aug 18 last year.
(See also: ISR chairman Wira Dani Daim resigns following bankruptcy order)
