Laguna note holders to raise funds for legal case against Peter Kwee, Laguna

SOME pioneer members of Laguna National who hold 30-year-old debentures and are owed money from them, may mount a legal case against club owner Peter Kwee and the club.

On Wednesday, corporate figure Lim How Teck, who is chairman of a pro-tem committee comprising debenture holders, told BT that the committee had appointed Senior Counsel Tan Chee Meng from WongPartnership.

It will subsequently be raising funds to bring a case against Mr Kwee and the club. It is also in talks with advisory firm KordaMentha to appoint prospective liquidators.