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
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
Haidilao co-founder’s family buys second bungalow in Cluny Hill for S$85 million
From hawker stall to Enterprise Award winner: How Han Keen Juan scaled the Old Chang Kee empire
Ban on land sales, new launches for developers that deliver ‘defect-ridden’ projects
Xi Jinping has just rewritten the rules of US-China rivalry