Chua Chim Kang and Lee Kuan Fung on Jan 10, 2025 and Ren Xin Wu on Nov 12, 2024 outside the Supreme Court. to recover money he put into a failed Mandarin-language business questioned the authenticity of a share transfer agreement between the duo on Friday .
At the same time, liquidators for Homing Holdings are suing Ms Lee for allegedly breaching her fiduciary duties as director of the company, with Goldciti as a second defendant. Earlier in the week, Mr Chua and Ms Lee testified about an agreement they signed in February 2018 to transfer Mr Chua's shares in Homing Holdings to Ms Lee, the Straits Times reported.
Mr Chua joined Mediacorp in 2018, but was previously from SPH, holding roles such as managing editor of its Chinese Media Group.
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Chinese News Veteran's Share Transfer in Education Company Deemed UnreliableChinese news veteran Chua Chim Kang's share transfer agreement in an education company to his business partner, Ms Lee Kuan Fung, is being questioned in a High Court trial. The businessman who invested in the company, Mr Ren, claims the transfer is not genuine and alleges Mr Chua continued to be involved in the company's management. Mr Chua maintains he had minimal involvement and the agreement was not legally binding.
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