The Pines club members sue Peter Kwee for damages
Among their demands are compensation for membership, renovated clubhouse or membership at another equivalent club
Singapore
SOME 103 members of The Pines club have made good on their word. On Friday, they sued Exklusiv Resorts Pte Ltd, the owner of the now defunct The Pines club, and its director, motoring tycoon Peter Kwee, for alleged deceit, negligence, misstatement and breach of contract.
This came after the latter failed to deliver a renovated clubhouse at its Stevens Road vicinity as allegedly promised to club members, owing to the fact that the plot of land had changed hands to developer Oxley Holdings, who had built two Mercure and Novotel hotels on it.
TRENDING NOW
Not retirement, but a rewiring and fresh perspectives post-DBS, says Piyush Gupta
On the board but frozen out: The Taib family feud tearing Sarawak construction giant apart
Hong Kong’s bad-debt bankers ramp up fire sales, liquidations as city’s distressed loan ratio hit a high
Power of payouts: A big chunk of the STI has just gone ex-dividend. What’s next?