In 2003, the property in Tampines was bought by one of the father’s companies.

The son told the court he was appointed CEO in 2004, and he claimed that the business boomed under him.

The defendant, however, said his son was “not substantively involved” in setting up the company, and that he saw it as a family business and wanted his five children to be involved in it.

His son only started working in the company in 2003 after getting his master’s degree. In 2004, the father agreed to make his son CEO as he “wanted to groom” his son to take over.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Report

Comment39

  • Top
  • Latest
  • am56
    ·2023-03-27
    y break one story into so many posts
    Reply
    Report
  • 逐步涨
    ·2023-03-27
    [财迷]
    Reply
    Report
  • iceage
    ·2023-03-27
    up
    Reply
    Report
  • AlphaKK
    ·2023-03-27
    ok
    Reply
    Report
  • ApacheFire
    ·2023-03-27
    Yes
    Reply
    Report
  • ChooiLing
    ·2023-03-27
    ol
    Reply
    Report
  • NingNing
    ·2023-03-27
    ok
    Reply
    Report
  • BabokSong
    ·2023-03-27
    ok
    Reply
    Report
  • 农民人士
    ·2023-03-27
    Thanks
    Reply
    Report
  • TanZhenyu
    ·2023-03-27
    ok
    Reply
    Report
  • Ben Ang
    ·2023-03-27
    Ok
    Reply
    Report
  • Tigeddy
    ·2023-03-27
    D
    Reply
    Report
  • Dalang
    ·2023-03-27
    strong
    Reply
    Report
  • PatrickTay
    ·2023-03-27
    [smile]
    Reply
    Report
  • Lulup
    ·2023-03-27
    ok
    Reply
    Report
  • Rainy M
    ·2023-03-27
    [Surprised]
    Reply
    Report
  • Roarhigher
    ·2023-03-27
    Ok
    Reply
    Report
  • shan111
    ·2023-03-27
    hi
    Reply
    Report
  • wintomoon
    ·2023-03-27
    👍
    Reply
    Report
  • buckethead
    ·2023-03-27
    ok
    Reply
    Report