HC Surgical: Minority shareholder wants to sue CEO on behalf of the firm
Singapore
HC SURGICAL Specialists (HCSS) has constituted a litigation committee and continues to liaise with its legal advisers in relation to an allegation by minority shareholder Serene Tiong, whom the group's surgeon Julian Ong had separately sued for defamation unsuccessfully in his personal capacity.
In an April 30 letter from her solicitors Ong Ying Ping, Ms Tiong claimed that HCSS chief executive officer (CEO) and executive director Heah Sieu Min breached his duties as a director in relation to the group's acquisition of an additional 19 per cent interest in Dr Ong's private practice in late 2019. HCSS said last week that it believes this allegation is "frivolous" and "without merit".
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