Kuala Lampur, June 6 -- KUALA LUMPUR, June 6 - GIIB Holdings Bhd founder Tai Boon Wee told the High Court that he was targeted in an alleged "corporate mafia" takeover attempt coordinated through a WhatsApp group known as "soldier boys", and that he was also threatened with a gun at a restaurant, the New Straits Times (NST) reported.

According to the English daily, Tai, 66, who now serves as an adviser to the company, said the alleged plot began after he was introduced to former director Wong Weng Yew and Yee Voon Hon in 2020, which later escalated into a shareholding dispute and an alleged smear campaign against him.

He told the court that a group involving Wong and Yee had discussed strategies to take over the listed company through t...