Terence Loh distances himself from cousin and Evangeline Shen
After 12 years as business partners, Terence and Nelson ink agreement to keep their business interests separate
Singapore
THE heat on the two Loh cousins amid a police probe into allegedly forged accounts appears to have driven a wedge between one of them and business partner Evangeline Shen, pushing the long-time chums into parting ways on Monday.
The split between the cousins has been formalised - Terence and Nelson Loh have inked a "mutually agreed and legally binding" agreement to separate their business interests from each other.
TRENDING NOW
Once staunchly pro-China, Malaysian Chinese businesses are now distancing themselves from Beijing
Britain’s mansion tax shows the difficulty of targeting wealth
Three hats, one goal: How Ng Kian Swan runs sustainability at NUHS
COE review: The gap between luxury and mass-market cars isn’t the only one worth bridging
