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George Quek looking to S'pore-Taiwan trade pact to resolve Pacific Sogo acquisition woes

His business vehicle - Clover - claims documents on capital increase in acquisition target were 'forged'

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Breadtalk's George Quek (above) and a long-time business partner had entered into a deal with Taiwanese businessman, Lee Heng-lung, to acquire the bulk of the latter's claimed 60% stake in Pacific Distribution Investment, whose main asset is Pacific Sogo Department Stores.

Singapore

BREADTALK founder George Quek is looking to a Singapore-Taiwan trade pact signed in 2014 to resolve the issues encountered in his recent personal acquisition of Taiwan's Pacific Sogo Department Stores.

Mr Quek and a long-time business partner had entered into a deal with...