Signed documents for his private equity firm Jynwel Capital and non-profit Jynwel Charitable Foundation this month.
Jho Low has been actively involved in the affairs of his two Hong Kong-registered companies even with Malaysian authorities in hot pursuit of him across several countries, the South China Morning Post reported.
Meanwhile, his business associate Seet Li Lin, said to be a Singaporean, is living in Hong Kong and is connected to a Shanghai consulting firm owned by one of 37-year-old Low’s companies.
Seet has been named as a key figure in the DoJ lawsuit.
He is said to have attended Wharton Business School with Low, and reportedly worked for Jynwel Capital from November 2012 to April 2017 on deals related to securities.
Low, who branded himself a global investor and philanthropist, is listed as the CEO of private equity firm Jynwel Capital and director of non-profit Jynwel Charitable Foundation, both based in Hong Kong.
https://www.youtube.com/watch?v=HjpMi3zpW2Q
Documents from the city’s Companies Registry show that on July 9, Low signed two documents to change both firms’ company secretary from B & Mck Nominees to KV Pro Services in Mong Kok.
It is not known if he was in Hong Kong when he signed the documents but the registry said that a signatory would not need to be in the city to ink the papers.
B & Mck is a subsidiary of the US law firm Baker McKenzie. It was reported that a spokesman from the law firm confirmed it had ceased to work for Low’s firms but declined to give the reason.
On June 26, Jho Low’s younger brother Low Taek Szen, who is also managing director of Jynwel Capital as described in its promotional video, signed documents applying to the Hong Kong Companies Registry to have its name changed to Quinton Investments and for the non-profit to be called Quantima Charitable Foundation.
Reportedly, Jynwel Capital, which has a swanky office in Central, did not respond to media queries about Jho Low’s whereabouts. On its website on Sunday, there was no information on the company and only a message saying the page was “undergoing major reconstruction”.
It was reported that Jynwel Capital recently tried to shut down the company, which was set up two years ago.
A source familiar with the operations of the Shanghai-based business consulting firm owned by Jynwel Capital said it had three staffers from Malaysia and Hong Kong and registered capital of US$3.3 million.