Property developer Ting Pek Khiing has confirmed that he will comply with an order to be present in court on June 29 after an arrest warrant was issued against him for failing to show up yesterday.

"They want me to be there on June 29, I'll be there. I haven't received the notice but I saw it in the papers.

"If I don't come on that day, they will arrest me," said Ting during a press conference in Kuching today, as quoted by The Star.

Ting explained that he could not attend court on June 7 as he was busy with his development project in Langkawi and had only received the order to appear three days beforehand.

He also reportedly described the court appearance for a bankruptcy case as being "just a small matter" and claimed that certain quarters were trying to embarrass him after he announced that he was embarking on his Langkawi project.

"People are trying to embarrass me. I'm not a murderer, I'm not a criminal.

"But I will be there at the end of the month. I will not run away from them," he was further quoted as saying.

Arrest warrant issued

The Borneo Post had previously quoted Ting as confirming that an arrest warrant had been issued for him by the High Court in Kuala Lumpur.

“Yes, the police are arresting me, so be it,” Ting reportedly said.

The Edge Financial Daily had reported earlier today that an arrest warrant had been issued for Ting, following his failure to turn up in court for his public inquiry hearing yesterday.

The court had ordered Ting to attend his continued public examination yesterday to be examined by the creditors, the director-general of insolvency (DGI) and the court registrar on his intended project in Langkawi.

The arrest warrant, which was issued under Section 28 of the Insolvency Act 1967, directs the police to arrest Ting and bring him to court on June 29, added the source.

The court had issued an arrest warrant against Ting's wife Wong Sui Chuo on May 18, for a similar reason. The couple is involved in an ongoing court case concerning bankruptcy law.

Ting’s creditors include Alliance Bank Malaysia Bhd, Alliance Investment Bank Bhd, Alliance Merchant Bank Bhd, Insas Credit & Leasing Sdn Bhd, Hu Chang Pee@Hii Chang Pee, Southeast Asia Special Asset Management Bhd, Multi-Purpose Bank Bhd and Interhill Enterprise Sdn Bhd.

The Edge noted that there were currently four cases against Ting, after conducting a bankruptcy search with the Malaysian Department of Insolvency.

The publication also noted contradicting reports about Ting’s bankruptcy status.

Although search results showed Ting had been bankrupt since 1991, another search document stated that Ting was “not bankrupt”.

Last week, Ting re-emerged in the public limelight after keeping a low profile for 16 years, claiming that he would embark on an RM30 billion project in Langkawi.

This sparked off concern that crony capitalism would resurface, now that Dr Mahathir Mohamad was prime minister again.

However, Mahathir's son and Kedah menteri besar Mukhriz revealed that the state government did not receive any proposal regarding Ting's project.

In an interview with The Star, former finance minister Daim Zainuddin said Ting, who was involved in the controversial Bakun Dam project in Sarawak during Mahathir's first tenure as prime minister, should remain retired.