In Kho Choon Keng v Lian Keng Enterprises Pte Ltd (Kho Patrick and another, non-parties) [2024] SGHC 191, the applicant, Mr Kho Choon Keng (CK), the executive chairman and director of a family company which was the ultimate holding company in a property development and holding group with extensive business interests, sought to wind up the company pursuant to sections 125(1)(f) and 125(1)(i) of the Insolvency, Restructuring and Dissolution Act 2018. CK’s step-siblings, Mr Patrick Kho and Ms Patricia Kho opposed his application. Ruling in favour of CK, the General Division of the Singapore High Court (General Division) found that it was just and equitable for the company to be wound up following a breach of CK’s legitimate expectations and the irretrievable loss of mutual trust and confidence.
Our Partners Koh Swee Yen, SC, Aw Wen Ni and Lin Chunlong and Associates Andrea Ang and Darius Tan successfully represented CK.
This update takes a look at the General Division’s decision.
If you would like information and/or assistance on the above or any other area of law, you may wish to contact the Partner at WongPartnership whom you normally work with or any of the following Partners:
KOH Swee Yen, Senior Counsel
Head – International Arbitration
Partner – Commercial & Corporate Disputes
d +65 6416 6876
e sweeyen.koh@wongpartnership.com
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AW Wen Ni
Partner – Private Wealth
d +65 6416 6870
e wenni.aw@wongpartnership.com
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LIN Chunlong
Partner – Commercial & Corporate Disputes
d +65 6416 8119
e chunlong.lin@wongpartnership.com
Click here to view Chunlong's CV.