Lim Por-yen Estate Appeals Ruling Voiding 2004 Will Over HK$2.9 Billion Fortune
Updated
Updated · South China Morning Post · Aug 30
Lim Por-yen Estate Appeals Ruling Voiding 2004 Will Over HK$2.9 Billion Fortune
1 articles · Updated · South China Morning Post · Aug 30
Summary
HK$2.9 billion in assets remain under dispute after Lim Por-yen’s estate appealed a ruling that invalidated the tycoon’s 2004 will.
The lower-court decision found Lim lacked testamentary capacity when the will was signed, a finding that cleared the way for his third family to inherit.
Pearl Ling Meng-chu, daughter of Lim’s third wife Koo Siu-ying, is also weighing further action, with a spokesman saying she is reviewing all available options.
The probate fight began in 2011 after Ling and Koo each lodged caveats claiming an interest in the estate, extending a long-running battle over the Lai Sun Group founder’s fortune.