SINGAPORE – A little-known Singapore company that owns Megaspeed International, the firm at the centre of US investigations into the possible diversion of advanced Nvidia chips to China, has a registered business address that an interior design firm says it has occupied for over four years.
Swiftdata, the parent company of Megaspeed – which saw a seemingly meteoric rise to become a massive buyer of Nvidia chips – did not appear to be occupying the unit at an integrated business hub when The Straits Times visited on Nov 11.
ST was unable to get in touch with Swiftdata.
The company, incorporated in 2023, is the sole shareholder in Megaspeed, owning all of its 10 million shares, according to Accounting and Corporate Regulatory Authority (ACRA) records.
The sole director of the company is Tan Yong Pong, who is also the sole director of Megaspeed, while Khloe Ng Wei Shi is listed as the…
