As a group, Mega Fortris believes the claim lacks merit and it is being addressed through the proper legal channels by the relevant parties. Mega Fortris will continue to make any required disclosures in line with listing requirements while management remains focused on execution,” he says. However, the siblings are not the only shareholders in Mega Fortris Global, the holding company of the listed firm. On Oct 30, OCBC and its affiliate sold off their entire stake in Mega Fortris Global to ProWealth Management Holding Ltd, and as a result, ceased to be a substantial shareholder of Mega Fortris. Following the disposal, the little-known investment holding company incorporated in the British Virgin Islands surfaced as the new substantial shareholder of Mega Fortris.

Source: The Edge Markets December 24, 2025 07:01 UTC