[citation needed] Najadi acquired in 1968 from UBS Group, Supramar AG, a hydrofoil specialist based in Lucerne, Switzerland.
[citation needed] Najadi was the Chairman of Free2move Asia, a joint venture firm with Free2move AB, of Sweden, in the field of RFID and sensor networks.
[4] A gunman who had crept up from behind fired at Najadi, 75, and his 49-year-old wife from a close range, killing the prominent banker on the spot in the car park.
Initial police investigations revealed that the gunman was among three people who had waited outside the temple for Najadi, who was in a private discussion with a colleague involving a property transaction.
"[7] On 16 August 2013, the taxi driver, Chew Siang Chee, arrested by the Malaysian Police for allegedly transporting the assassin who killed Najadi, claimed trial to the possession of a firearm and ammunition at the Sessions Court.
On 5 September 2014, Justice Mohd Azman Husin of the Kuala Lumpur High Court found Koong guilty of murder and sentenced him to death.
[11] On 1 March 2021, Koong's final appeal was dismissed by the Federal Court of Malaysia and his death sentence for the murder was upheld.