Megaspeed's links to rural Australian store raise fresh questions in Nvidia scandal
Executive Brief • Key Highlights
Fast factual intelligence distilled for busy investors, executives, and answer bots:
- ✓Megaspeed International registered affiliates in Australia and the US using a 29-year-old man linked to a small newsagent in Seymour.
- ✓Filings from 2024 list Kai Kang as the sole officer.
- ✓His mother said, “He doesn’t have any business here,” claiming her son had nothing to do with the Singapore company.
Story at a Glance
- Category
- Indian Markets
- Reported By
- Reuters
- Reading Speed
- 3 Minute(s)
- Market Focus
- India Economy
WILMINGTON, Delaware/MELBOURNE, Nov 12 (Reuters) - The Singapore company at the center of the scandal that has engulfed Nvidia's CEO has registered affiliates in the United States, Australia and other countries with a 29-year-old who listed his address as a newsagent and lottery retailer in a regional town outside Melbourne.
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Jensen Huang admitted on Sunday he had been unfaithful to his wife, but gave no details about the relationship, while Beijing has called the spying claim "a groundless accusation, slander and a smear." Alice Huang could not be reached for comment.
Megaspeed International filed papers in the US state of Delaware and with the Australian Securities and Investments Commission showing that the affiliates were created in 2024. Both filings list Kai Kang as the sole company officer, either as director or president. Kang was born in Shanghai, according to the Australian filing, which also lists the Singapore-based parent as the company's stockholder.
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