Banks claim that loan extended because of him. De facto personal guarantee. It is rich or vvip thing. You poor peasants dunno one lah.Get sued over the issue of $156 million loss doesn’t mean he has to pay $156 million right?
Only 52 but look like in his 60s... work so stressful meh?
KNN 52 yo about same age as my uncle but my uncle think he rook rike his nephew KNN
Can you please fill me more about this case ...Anyway , there is no such thing as de facto personal guarantee , personal guarantee are either signed and sealed or nothing and directors of public listed companies are never known to give personal guarantee or Ho Ching would have been bankrupted long ago ...or the company concept of limited by liability will cease to exist , the whole principle of a business of LTD company is to shield directors and shareholders from more than the money they had invested in such companies and loans are extended by banks mainly on a company’s Heath reflected in their Balance Sheet and Profit and Loss account , personal guarantees are an additional precaution taken by banks and in many public limited directors are a professional appointment and they do not benefit directly from the performance of such companies so it would be ridiculous for such directors to give a personal guarantee to banksBanks claim that loan extended because of him. De facto personal guarantee. It is rich or vvip thing. You poor peasants dunno one lah.
KNN my uncle think he is those type when teenagers already rook rike old man type KNN my uncle leecall when he was still in tertiary institute he also got classmate who rook rike this at 18 yo only less the white hair KNN my uncle think is a real waste of youth and an insult to the human race and a disrespect to others KNNKNN 52 yo about same age as my uncle but my uncle think he rook rike his nephew KNN
Banks claim that loan extended because of him. De facto personal guarantee. It is rich or vvip thing. You poor peasants dunno one lah.
Cannot be. PAP beery honest one.In the past few years, Dr Goh got massive government support from government agencies. He wrote to them personally and nobody could reject him because the accounts manager were briefed that his dad is ex-PM.
Why is a Jiu Hu Kia like yourself interfering in Sinkieland politics ? As if you Malusials are any better ? The greatest kleptocracy on earth occured in your motherland , pulled off by a fat Cheenagui with a m&d as your PMCannot be. PAP beery honest one.
Can you please fill me more about this case ...Anyway , there is no such thing as de facto personal guarantee , personal guarantee are either signed and sealed or nothing and directors of public listed companies are never known to give personal guarantee or Ho Ching would have been bankrupted long ago ...or the company concept of limited by liability will cease to exist , the whole principle of a business of LTD company is to shield directors and shareholders from more than the money they had invested in such companies and loans are extended by banks mainly on a company’s Heath reflected in their Balance Sheet and Profit and Loss account , personal guarantees are an additional precaution taken by banks and in many public limited directors are a professional appointment and they do not benefit directly from the performance of such companies so it would be ridiculous for such directors to give a personal guarantee to banks
Like LML, he rather let the son goes bankrupt than comes out money to help the sonHis father got yhe money, just whether wsnt ot don want to pay , got paid so much where got no money