Fitvip Supersonic July 1, 2021 Share July 1, 2021 This is a piece of unpleasant news from Zhaobao. It is quite a surprise that it is happening to this former first family. Why do they have to resort to legal actions - sue and counter sue? It is rather sad that such prominent people have to pursue they "rights" this way. It all boils down to S11 -$ news Singapore The two sons of the late President Wang Dingchang face a lawsuit over a dispute over shares in a family architectural design company https://www-zaobao-com-sg.translate.goog/news/singapore/story20210701-1163070?_x_tr_sl=auto&_x_tr_tl=en&_x_tr_hl=en-GB&_x_tr_pto=ajax,nv,elem ↡ Advertisement 1 2 Link to post Share on other sites More sharing options...
Colin03 4th Gear July 1, 2021 Share July 1, 2021 Is all about $ $ will never be enough for most of them 3 1 Link to post Share on other sites More sharing options...
BabyBlade Internal Moderator July 1, 2021 Share July 1, 2021 When people are not contented with what they have... 1 4 Link to post Share on other sites More sharing options...
Jamesc Hypersonic July 1, 2021 Share July 1, 2021 I happy no eat with MIL. 2 Link to post Share on other sites More sharing options...
Mustank Hypersonic July 1, 2021 Share July 1, 2021 41 minutes ago, Colin03 said: Is all about $ $ will never be enough for most of them That’s is right simi brother, simi race, simi religion, simi Color lang sai lah it is all about money 8 Link to post Share on other sites More sharing options...
Lala81 Hypersonic July 1, 2021 Share July 1, 2021 This is a problem with family owned businesses when passing to the next generation. 7 Link to post Share on other sites More sharing options...
Sosaria Turbocharged July 1, 2021 Share July 1, 2021 6 minutes ago, Lala81 said: This is a problem with family owned businesses when passing to the next generation. Best is to follow like what some westerners do, liquidate the entire company and give sufficient to the children, donate away the rest for charity. Everyone in the next generation should earn their spurs. Have some head-start (rich parents) is already a boost. 5 Link to post Share on other sites More sharing options...
Dp26 5th Gear July 1, 2021 Share July 1, 2021 Fair and equal not the same. 1 Link to post Share on other sites More sharing options...
Picnic06-Biante15 Supersonic July 1, 2021 Share July 1, 2021 7 minutes ago, Lala81 said: This is a problem with family owned businesses when passing to the next generation. Depending on what kind of businesses also .... My grandfather scrape metal collection business (garang guni) closed down due to no children want to take over ... 1 7 Link to post Share on other sites More sharing options...
PSP415 Supersonic July 1, 2021 Share July 1, 2021 49 minutes ago, Sosaria said: Best is to follow like what some westerners do, liquidate the entire company and give sufficient to the children, donate away the rest for charity. Everyone in the next generation should earn their spurs. Have some head-start (rich parents) is already a boost. The key word is Westerners though not all have this wisdom too. Bill Gates once said he will only leave US$10 millions to each of his kid to help them start off in life. The rest he's donating to charity iirc. Here, it's still very much an Asian tradition to pass from grandparents to fathers to sons etc. And best if male heirs though if no sons, daughters or son-in-laws oso can. Guess its really a test of family bonding and how strong the love amongst different ones in the family. Fathers can sue sons, mothers can sue daughters etc etc. Hard to see hearts of people. Perhaps one day soon if not already happening, we will see that money can buy anything, including love. Haha... In this case, isn't all the money from the dad? Anyways, we only know what's reported. Sad. Stay safe Cheers 2 Link to post Share on other sites More sharing options...
mersaylee Supersonic July 1, 2021 Share July 1, 2021 财富名利同乃身外物 来之何哀,去之何哀 兄情弟义多少斗 先亲爱子几可量 9 Link to post Share on other sites More sharing options...
kobayashiGT Internal Moderator July 1, 2021 Share July 1, 2021 1 hour ago, Jamesc said: I happy no eat with MIL. Guai ah. don't sue your MIL ah. hahaha. 1 Link to post Share on other sites More sharing options...
kobayashiGT Internal Moderator July 1, 2021 Share July 1, 2021 1 hour ago, Picnic06-Biante15 said: Depending on what kind of businesses also .... My grandfather scrape metal collection business (garang guni) closed down due to no children want to take over ... My father repair tv one. Also cannot pass down to me. Nowadays no one repairs it TV anymore. Spoil just buy new one. 7 5 Link to post Share on other sites More sharing options...
mersaylee Supersonic July 1, 2021 Share July 1, 2021 13 minutes ago, kobayashiGT said: My father repair tv one. Also cannot pass down to me. Nowadays no one repairs it TV anymore. Spoil just buy new one. It's a blessing...😁 Or you helped your father by making the TV beyond repair...that he decided not to ask you to inherent his trade? 5 Link to post Share on other sites More sharing options...
kobayashiGT Internal Moderator July 1, 2021 Share July 1, 2021 22 minutes ago, mersaylee said: It's a blessing...😁 Or you helped your father by making the TV beyond repair...that he decided not to ask you to inherent his trade? hahaha. Not me lah. I used to be his QC worker thou. everytime he repaired a TV, I will watch my cartoon and make sure the color and everything is okay. I spotted a few times, the screen flickered, then he need to dismantle and check again.hahaha 1 7 Link to post Share on other sites More sharing options...
Inlinefour Twincharged July 1, 2021 Share July 1, 2021 Money talks and bulls**t walks 🤑🤑🤑 Period 😂😂😂 1 1 Link to post Share on other sites More sharing options...
inlinesix Supersonic July 1, 2021 Share July 1, 2021 3 hours ago, Sosaria said: Best is to follow like what some westerners do, liquidate the entire company and give sufficient to the children, donate away the rest for charity. Everyone in the next generation should earn their spurs. Have some head-start (rich parents) is already a boost. AMDK uses family office to hold family assets. Link to post Share on other sites More sharing options...
Kopites Supersonic July 1, 2021 Share July 1, 2021 3 hours ago, Picnic06-Biante15 said: Depending on what kind of businesses also .... My grandfather scrape metal collection business (garang guni) closed down due to no children want to take over ... Did you there are quite a few multi millionaire started as scrap collector. Dempsey got one famous family started from hardware collector. ↡ Advertisement Link to post Share on other sites More sharing options...
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