World · Malaysia Bureau
Singapore businessman faces criminal breach of trust charge over share transfer
Poh Po Lian has claimed trial to allegations of transferring 500,000 shares worth millions without authorisation from the late businessman Ta Kin Yan. The case centres on whether the accused had proper consent to move the shares from the deceased tycoon's portfolio.
LSN Malaysia ·
A Singapore businessman has claimed trial to a charge of criminal breach of trust involving the unauthorised transfer of half a million shares belonging to the late Ta Kin Yan, court documents show. Poh Po Lian is accused of misappropriating the shares without the consent or authority of the deceased tycoon, whose estate has since initiated proceedings against him. The exact value and circumstances surrounding the alleged transfer remain subject to examination during trial proceedings. Criminal breach of trust carries potential imprisonment and fines under Singapore law when convicted. The case highlights ongoing disputes within business circles over share ownership and estate management following the death of prominent figures in the region's commercial landscape.