Debenture holders serve statutory demand on Peter Kwee's Laguna

Singapore

TWO pioneer members of the Laguna National Golf and Country Club have made a statutory demand on the club, each asking to be paid S$120,000 for their 30-year-old debentures that are overdue for redemption.

Lim How Teck and Lee Lian Hong, who are both part of a committee building the noteholders' case against the club, served the notice on Wednesday (Mar 2) via their lawyers from WongPartnership.