Family Lim Goh Tong House
As one of the founding members of the people s action party lee is recognised as the nation s founding father credited with rapidly transitioning the.
Family lim goh tong house. Deputy prime minister heng swee keat paid tribute to former emeritus senior minister goh chok tong who retired ahead of the 2020 general election in parliament today 30 aug. 28 february 1918 23 october 2007 was a prominent wealthy malaysian chinese businessman entrepreneur. According to local media reports the siblings are suing over a family trust linked to their father that was created by their paternal grandfather the late lim goh tong who started genting in 1965.
Goh tong also set up six other trusts including one called the lim kok thay trust and puan sri lim goh tong s wife trust. Lim goh tong had actually created an inheritance system based on separate trust entities for each of his children and their families but because of the bankruptcy lim goh tong had to transfer the ownership of tee keong s trust to his younger brothers lim chee wah and lim kok thay lim goh tong died on october 23rd 2007 and as for tee keong the trust ownership was never reverted and he. The bankruptcy forced patriarch lim goh tong to change a carefully designed inheritance structure he had created around a clutch of trust entities for each of his children and their families.
He was renowned for his vision and courage in transforming genting highlands from an unexplored hilltop into one of the world s most successful casino resorts. A crafted wooden statue of the genting group bhd founder stands proudly at the main entrance of the tan sri dr lim goh tong memorial hall situated at the memorial park where he is buried. Lee kuan yew gcmg ch spmj born harry lee kuan yew.
Goh chok tong s statements on suing on the topic of pursuing a case lim referenced emeritus senior minister goh chok tong who spoke on two separate occasions on why a minister has to sue. Lim goh tong chinese. 16 september 1923 23 march 2015 often referred to by his initials lky was a singaporean politician and lawyer who served as the first prime minister of singapore from 1959 to 1990.
There is a new twist to the feud in the family of the late tan sri lim goh tong that controls genting bhd.