Wu said he learned that according to Lianhe Zaobao, a high-quality local bungalow owned by the arrested Sanjian Capital founder Zhu Su is now a farm managed by the company run by his wife. The two bought this high-quality bungalow through a trust for S$48.8 million, and the transaction was completed in March last year. The bungalow was not included in the assets counted by the liquidators of Three Arrows.