SINGAPORE - The judicial managers' legal win on Friday (May 21) is a significant development in the light of millions of dollars worth of assets the Lim family has sold in recent months.
The injunction means that the Lim family will not be able to dispose or deal with their assets of up to US$3.5 billion (S$4.66 billion), except for certain exceptions such as expenditure for living expenses and legal fees.
Already a subscriber? Log in
Read the full story and more at $9.90/month
Get exclusive reports and insights with more than 500 subscriber-only articles every month
ST One Digital
$9.90/month
No contract
ST app access on 1 mobile device
Unlock these benefits
All subscriber-only content on ST app and straitstimes.com
Easy access any time via ST app on 1 mobile device
E-paper with 2-week archive so you won't miss out on content that matters to you