Family feud leads to court order to wind up Lian Huat Group’s parent company
If a resolution is not reached in 30 days, the order will take effect immediately
Add BT as a preferred source
EMBROILED in a family feud, the parent company of property developer Lian Huat Group faces a court order to be wound up in 30 days unless its management team can reach a resolution.
Kho Choon Keng (CK), executive chairman of Lian Huat Group and claimant of the case, had made a court application to wind up Lian Keng Enterprise (LKE), the ultimate holding company in the group.
The two non-parties opposing this action are his step-siblings: group managing director Patrick Kho and non-executive director Patricia Kho.
TRENDING NOW
CSE Global independent director quits after clashes with chairman Eugene Lai over board refresh
What’s wrong with Orchard Road? Experts weigh in on the street’s cachet and its future
‘I felt like dying’: Thai Singha beer scion speaks up after disclosure of alleged sexual abuse
Rare brutalist Singapore house opens to the public before changing hands
