Tranglo’s minority shareholders file oppression suit against HK’s TNG Fintech

Minority shareholders of Malaysian fintech company Tranglo Sdn Bhd have filed an oppression suit against Hong Kong’s headquartered TNG Fintech, which acquired a 60 per cent stake in the former from Malaysian government-linked private equity fund manager Ekuinas in October 2018, according to a press statement received by DealStreetAsia.