YAU MOU GAU...CHOR!! (有冇搞..错!!): RM 100 million tug-of-war?? YAU MOU GAU...CHOR!!

Wednesday, January 18, 2006

RM 100 million tug-of-war?? YAU MOU GAU...CHOR!!


KUALA LUMPUR: He is 92. She is 84. At stake is more than RM100mil.
Tycoon Loh Kim Foh has filed a suit against his second wife Wong Kim and some of their children over control of a multi-million ringgit business empire.
The patriarch is trying to wrest back his assets worth over RM100mil from her and a son and three daughters from the second marriage, claiming that he signed over the controlling stakes in his company to them in July 2001 after they had secretly drugged him with prostate cancer medication.
The suit, filed here last year, will be heard in the Ipoh High Court as most of the defendants are residing in Perak. Justice Vincent Ng of the KL High Court made the transfer order yesterday. No date has been fixed for hearing.
Apart from Wong Kim, their son Kon Fah and their three daughters, Loh also named as defendants two companies Lohman Holdings Sdn Bhd and Loh Kim Foh Holdings Sdn Bhd, a liquidator who manages Lohman Holdings, and a former company secretary of the company.
Loh, who founded Lohman Holdings, alleged that the defendants had conspired to defraud and deprive him of his fortune.
He said that it was illogical for him to have transferred the properties to them in July 2001 when he had made a will the month before stating that his assets could only be distributed after his death.
Lohman Holdings was dealing in investment of shares and real estate. Wong Kim and her children had applied for the company to go into voluntary liquidation after the shares were transferred to them in 2001.
The plaintiff is seeking an order to stop the liquidation of assets pending the disposal of the suit.
He obtained an injunction in October to stop his wife and Kon Fah from transferring assets out of Lohman Holdings.

Comment:
Warning!!
When you have rich enough, you might have to becareful of your LOVER ONE day.
What kind of world are we living now?

YAU MOU GAU....CHOR!!!

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