I actually live in Asia and have done business in the region for years.
Very "normal" for what? None of this is "normal" for a legitimate company supposedly running a neocloud business on $4+ billion worth of Nvidia chips.
Singapore-based companies with this type of footprint run by Chinese nationals are almost always fronts for shady stuff.
I also live in asia, and many bosses have like 10-20 companies all sorta feeding of each other in the most complex and strange ways. One day I was stepping into the office, and it was just stripped to the ground. “Oh yeah, we moved”… I am not surprised by anything anymore.
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