The descendants of a Malaysian property mogul are fighting in Singapore’s High Court over four family-owned firms, one of which owns 32 units in the Bukit Timah Shopping Centre.
Notably, the late Mr Loong Yoke Phin’s eight daughters, who hold minority stakes in the four companies, have taken to court their only brother and his sons, plus another sister.
The eight sisters, who range from 54 to 64 years old, alleged that their brother Long Shin (66) and his four sons, as well as their third sibling Sweet Ying disallowed them from taking part in the management of the firms, and failed to give them dividends from rental income of over S$5.4 million from the 32 units that collectively worth at around S$68 million.
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