honestbee creditor sues ex-CEO for US$3.8m loaned to startup
High Court suit filed before honestbee's move on Thursday to seek court protection from its lenders
Add BT as a preferred source
Sharanya Pillai
DeeperDive is a beta AI feature. Refer to full articles for the facts.
Singapore
HONESTBEE co-founder and former chief executive Joel Sng is being sued by a creditor of the company for the repayment of a US$3.8 million loan that was made to honestbee, according to High Court filings dated July 19 obtained by The Business Times .
The plaintiff in the suit is Benjamin Lim Jia-Rong, who is represented by solicitors April Cheah and Julian Tay of law firm Lee and Lee. Mr Sng is represented by Solitaire LLP's Nichol Yeo, who was formally appointed on Thursday.
Copyright SPH Media. All rights reserved.
TRENDING NOW
‘Boring’ is the new black: The stars are aligning for a Singapore stock market revival
Near sell-out launches in March boost developer sales to 1,300 units after four slow months
China pips the US if Asean is forced to choose, but analysts warn against reading it like a sports result
Genting Singapore’s Lim Kok Thay receives S$7.5 million pay package for FY2025
