Mustafa Centre boss and wife responsible for oppressive acts against minority shareholders: High Court

Mr Mustaq Ahmad contended that he was the sole owner of the company.
Mr Mustaq Ahmad contended that he was the sole owner of the company.PHOTO: ST FILE

SINGAPORE - The High Court on Monday (Aug 16) ruled against the boss of Mustafa Centre, Mr Mustaq Ahmad, in two minority oppression suits, one filed by his step-family and the other by the sons of his business partner.

The two suits centre on the shareholdings in Mohamed Mustafa and Samsuddin Co, which is behind the popular department store in Little India.

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