• IP addresses are NOT logged in this forum so there's no point asking. Please note that this forum is full of homophobes, racists, lunatics, schizophrenics & absolute nut jobs with a smattering of geniuses, Chinese chauvinists, Moderate Muslims and last but not least a couple of "know-it-alls" constantly sprouting their dubious wisdom. If you believe that content generated by unsavory characters might cause you offense PLEASE LEAVE NOW! Sammyboy Admin and Staff are not responsible for your hurt feelings should you choose to read any of the content here.

    The OTHER forum is HERE so please stop asking.

Rich undischarged couple living life of luxury...

Pek Kim Lui

Alfrescian
Loyal
Some 15 yrs ago the infamous couple who owned Advanced Gravis Computes in Sim Lim Sq, Hill Str area, Bungsar and Penang were made bankrupt by High Court for racking up debts of some $10 millions. Tan Bee Kee and Verionica Yeo Mui Joo are now doing fine zippng around in limo owned by them by registered in a relative's name. Yeo earns some $5000 while Tan makes $6000

Yeo has declared to be employee of Mini Toons Pte Ltd while Tan is "employed" by same company unofficially to evade OA supervision. Both have not paid a single cent to judgement debtors after decades of bankruptcy and stay in a fully aircond apartment.

What bankruptcy law joke do we have in sg???
 

tonychat

Alfrescian (InfP)
Generous Asset
Some 15 yrs ago the infamous couple who owned Advanced Gravis Computes in Sim Lim Sq, Hill Str area, Bungsar and Penang were made bankrupt by High Court for racking up debts of some $10 millions. Tan Bee Kee and Verionica Yeo Mui Joo are now doing fine zippng around in limo owned by them by registered in a relative's name. Yeo earns some $5000 while Tan makes $6000

Yeo has declared to be employee of Mini Toons Pte Ltd while Tan is "employed" by same company unofficially to evade OA supervision. Both have not paid a single cent to judgement debtors after decades of bankruptcy and stay in a fully aircond apartment.

What bankruptcy law joke do we have in sg???

you jealous har.. other people use their brain to cheat the system... and you no brain and no balls, follow whatever shit rules being throw to you... and you get jealous???

the moral of the lesson, use more of your brains and balls.
 

syed putra

Alfrescian
Loyal
those people who gave them credits should be more diligent and mak proper assessment before lending/supplying. But sometimes, sales people eager to move stock to earn commission and this is the problem..
 

Hans168

Alfrescian
Loyal
those people who gave them credits should be more diligent and mak proper assessment before lending/supplying. But sometimes, sales people eager to move stock to earn commission and this is the problem..

Crediot protection laws are supposed to be one of the best in the world...... how come we got holes in the system? I remember this super crook Chong the ex developer who flew thousand of times as imdoscharged banktup and rode in expensive iimo........ making a mockery of OA and our laws.

As of this sort of shit din get attention of law minister n CJ...........Shit to them
 

chonburifc

Alfrescian (Inf)
Asset
Some how crooks like this will be punished. Well, even if they got away, their descendants will get it.
 

johnny333

Alfrescian (Inf)
Asset
Some even use the "laws" for political reasons. Remember how the old one sued various publishers for their critical stories:confused: He also used used it to bankrupt the opposition.
 

laksaboy

Alfrescian (Inf)
Asset
When people can easily game a system, the system is flawed, either by incompetence from the people who designed it, or by intention.
 

blindswordsman

Alfrescian
Loyal
Yeo has declared to be employee of Mini Toons Pte Ltd while Tan is "employed" by same company unofficially to evade OA supervision. Both have not paid a single cent to judgement debtors after decades of bankruptcy and stay in a fully aircond apartment.

What bankruptcy law joke do we have in sg???

PRs from an neh land, PRC, pinoy land, etc in Sg have been doing the same hat tricks for years. Made bankrupts in SG but living like war lords back home. Only stupid sinkies grant credit to companies owned by PRs.
 

Hans168

Alfrescian
Loyal
those people who gave them credits should be more diligent and mak proper assessment before lending/supplying. But sometimes, sales people eager to move stock to earn commission and this is the problem..

Creditor protection laws are supposed to be one of the best in the world...... how come we got holes in the system? I remember this super crook Chong the ex developer who flew thousand of times as imdoscharged banktup and rode in expensive iimo........ making a mockery of OA and our laws.

As of this sort of shit din get attention of law minister n CJ...........Shit to them for not doing their jobs
 
Last edited:
Top