'The wealth of late Hong Kong businessman Lim Por-yen surpasses the estimated HK$2.9 billion: a significant discrepancy has been revealed.'
In a bold move, Lim's third wife, Koo Sui-ying, alongside her daughter, Pearl Ling Meng-chu, aka Pearl Lam, have hinted at pursuing additional legal measures following the High Court's recent verdict in their protracted battle over Lim's estate. The fiery duo finally broke their silence earlier this week, praising the court's decision as a long-awaited validation of their 19-year quest to safeguard the authenticity of Lim's last wishes.
However, they also pointed out some glaring inconsistencies regarding the scope of Lim's estate, an issue they deem far from being settled. Initial valuations by attorneys representing Lim's estate put the worth at around HK$2.9 billion. But, the mother-daughter duo insists that the estate should be worth "far beyond" this figure, as they strive to uncover the "true value" of the Lai Sun Group founder's assets.
With a joint statement, they expressed their desire for a fair resolution of all related matters, ensuring the endurance and robustness of Lai Sun Group and other companies spearheaded by Lim Por-yen. This legal feud, lasting 19 years, has finally seen some light with the recent court judgment, deemed a vindication of their tenacious approach to preserving Lim's final testaments.
Interestingly, a ruling by the High Court has nullified the 2004 will of Lim Por-yen, a document initially valued at approximately HKD 2.9 billion. Koo Siu-ying and Pearl Ling Meng-chu are now recognised as sole beneficiaries, per the court's order.
- Koo Sui-ying and Pearl Ling Meng-chu have indicated their intention to take further legal actions, expressing dissatisfaction with the current assessment of Lim's estate, which they believe to be worth "far beyond" the HK$2.9 billion initially ascertain.
- The mother-daughter duo are aiming for an equitable resolution of all unresolved issues, with a focus on the accurate valuation of Lim Por-yen's assets and the sustainability of his business empire in the industry of finance.
- They have highlighted the glaring inconsistencies in the valuation of the Lai Sun Group founder's estate, maintaining that these discrepancies remain unresolved.
- In their joint statement, Koo Sui-ying and Pearl Ling Meng-chu emphasized their commitment to ensuring the endurance and robustness of Lai Sun Group and other business entities founded by Lim Por-yen, fundamental to maintaining the legitimacy of Lim's last wishes.
