SINGAPORE: The rogue Singapore tycoon, who was arrested in Malaysia on Dec 3 after being on the run for 19 years over an embezzlement case involving more than US$51 million, was the mastermind behind a syndicate that sold scraps that were repackaged and sold as new products. Ng Teck Lee, 58, who was arrested together with...
GEORGE TOWN: Tycoon Tan Sri Tan Kok Ping has to pay RM50,000 in costs to Chow Kon Yeow after he lost a libel claim against the Penang Chief Minister. High Court judge Justice Quay Chew Soon ruled that Tan had failed to prove his claim of defamation and that Chow’s statements were neither defamatory nor malicious,...
SINGAPORE (The Straits Times/ANN): In a surprising twist, Hin Leong founder Lim Oon Kuin and his two children, Evan Lim Chee Meng and Lim Huey Ching, have agreed to pay US$3.5 billion (S$4.5 billion) to the liquidators of the now-defunct oil trading firm. The High Court on Sept 30 also gave the green light to a...
