S'pore billionaire heiress Kim Lim says personal assistant used company card for host clubs, allegedly stole money & luxury goods

Hightech88

Hightech88

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I really pity her dad for having such a kumlan kumgong low-IQ daughter who keeps getting into trouble - tio creampie, unwed pregnancy then no choice marry and divorced scumbag husband, remarry another scumag who abuse her and divorce again LOL.

Seems like many people around her all like to scam and fleece her dry LOL.

https://mothership.sg/2025/10/kim-lim-personal-assistant/
S'pore billionaire heiress Kim Lim says personal assistant used company card for host clubs, allegedly stole money & luxury goods
A police report has been made. October 23, 2025, 04:28 PM

View attachment 231168

During a TikTok livestream, Singaporean billionaire heiress Kim Lim opened up about a "drama" that deeply hurt her.

The livestream, which also included influencer Xiaxue, took place on Oct. 21.

According to Lim, a personal assistant she trusted had allegedly stolen from her, charging numerous personal expenses to the company card.

PA allegedly caught drink driving​

Her personal assistant was using the company car when she was caught drink driving without a driver's licence, Lim said.

Lim came to know about this matter after receiving a call from the police while she was overseas.

Around the same time, Lim was also "very shocked" to find discrepancies in the company's credit card statement.

She said the company card was used to pay for expenses at host clubs.

According to Lim, the amount that was charged each time was in the thousands, and was not a purchase that she had personally made.

In her retelling of events, Lim apparently confronted her staff, who broke down and apologised to her.

Seeing that this staff had worked with and taken care of her for "so long", Lim decided to give her another chance and suggested that she take a couple of months' break before returning to work.

Money and luxury goods missing​

In the meantime, Lim realised that her personal assistant knew the password to the safe in her office, so she asked her staff to check the safe's contents.

She claimed that a Patek Philippe watch that cost around S$80,000, along with money from her son's red packets totalling over S$10,000, was stolen.

Other items, such as clothes and luxury bags, had also allegedly gone missing from her office.

Lim said in her livestream: "I was too trusting as usual, right?"

Her team has filed a police report, Lim said, and she has since let her personal assistant go.

Mothership has reached out to Lim for more comments.
-------------------
 
Scrooball (clone) said:
What a useless cunt. She can't even manage / hire 1 good person.
Click to expand...
Her father is ultra rich. She can lead a very comfortable life of being a rich man’s daughter, go golf, drive luxury cars, spa, holiday as much as she wants and no one bat an eye. That should be her life.

Her life will make show off and disgruntled doctor @supreme super jealous n angry his Lexus is no match for the girl’s endless of birkin bags collection and he can never earn or much as this girl nor her father.
 
uniboi said:
Her father is ultra rich. She can lead a very comfortable life of being a rich man’s daughter, go golf, drive luxury cars, spa, holiday as much as she wants and no one bat an eye. That should be her life.

Her life will make show off and disgruntled doctor @supreme super jealous n angry his Lexus is no match for the girl’s endless of birkin bags collection and he can never earn or much as this girl nor her father.
Click to expand...
And to think ppl say trump bad, and compared his kids to this ah Kim n bidens... worlds apart
 
Scrooball (clone) said:
I am quite curious how Peter Lim manage to rise from a nobody to his current state. It's no easy feat.
Click to expand...

Well...

----------------
Peter Lim’s rise from an ordinary background to becoming one of Singapore’s most famous billionaires is a story of strategic thinking, timing, and calculated risk-taking rather than luck alone. Here’s a clear breakdown of how he did it.

Early Life – Humble Beginnings​

  • Born in 1953 to a working-class family; his father was a fishmonger, mother a housewife.
  • Grew up in public housing (HDB) in Singapore.
  • Worked part-time as a taxi driver, waiter, and cook to support himself.
  • Studied accounting at the University of Western Australia on a scholarship.

Career Start – From Remisier to Super Investor​

After returning to Singapore:
  • Became a remisier (stockbroker) at PhiBro and later OCBC Securities.
  • Gained a reputation among wealthy Indonesian clients for spotting value stocks.
  • Shifted from being a broker to trading with his own money.
  • Nicknamed “Remisier King” after managing over $1 billion worth of client assets.

Defining Move – The Wilmar Jackpot​

Peter Lim became ultra-wealthy thanks to one legendary investment:
YearInvestment Move
Early 1990sInvested in Wilmar International (then a small edible oil company)
2006Held large stake when Wilmar merged with Kuok Group (Robert Kuok – Asia’s sugar king)
2010Sold most of his Wilmar shares for over S$1.5 billion
✅ He became a billionaire thanks to concentration + patience — he held Wilmar for over a decade.

His Investment Philosophy​

Peter Lim is low profile but his strategy is consistent:
PrincipleExplanation
Buy undervalued businessesEspecially those with strong cash flow
Hold long-termBig bets, long holding periods
Go against the crowdBuy when the market ignores a sector
Focus on defensivesFood, healthcare, medical, logistics
Reduce risk, not ambitionAvoid over-leverage

Expansion – Beyond Stocks​

He reinvested his fortune into diversified assets:
SectorExamples
HealthcareThomson Medical Group, TMC Life Sciences
SportsOwner of Valencia CF, co-owner Salford City FC
Real EstateHigh-end residential & commercial in Singapore and London
Education & LifestyleVarious private portfolios

️ Why He Survived While Others Failed​

During the 1997 Asian Financial Crisis and 2008 Crisis:
  • Stayed mostly debt-free
  • Did not panic sell
  • Kept cash for crisis bargains
  • Stayed away from speculative hype

Key Lessons from Peter Lim’s Rise​

  1. Play the long game – Wilmar took over 10 years to make him a billionaire.
  2. Stay quiet, act big – He avoids media and hype.
  3. Own instead of trade – He buys companies, not price action.
  4. Crisis = opportunity.
  5. Invest only in what you understand – No crypto, no meme stocks.
Source: ChatGPT
 
My Dad always told me that people get cheated by family, friends and trusted subordinates because strangers cannot get close enough to do so.
 
Doctors in private practice often have money stolen by trusted clinic managers and nurses. As long as some patients prefer to pay in cash, this will happen.
 
Hightech88 said:
Well...

----------------
Peter Lim’s rise from an ordinary background to becoming one of Singapore’s most famous billionaires is a story of strategic thinking, timing, and calculated risk-taking rather than luck alone. Here’s a clear breakdown of how he did it.

Early Life – Humble Beginnings​

  • Born in 1953 to a working-class family; his father was a fishmonger, mother a housewife.
  • Grew up in public housing (HDB) in Singapore.
  • Worked part-time as a taxi driver, waiter, and cook to support himself.
  • Studied accounting at the University of Western Australia on a scholarship.

Career Start – From Remisier to Super Investor​

After returning to Singapore:
  • Became a remisier (stockbroker) at PhiBro and later OCBC Securities.
  • Gained a reputation among wealthy Indonesian clients for spotting value stocks.
  • Shifted from being a broker to trading with his own money.
  • Nicknamed “Remisier King” after managing over $1 billion worth of client assets.

Defining Move – The Wilmar Jackpot​

Peter Lim became ultra-wealthy thanks to one legendary investment:
YearInvestment Move
Early 1990sInvested in Wilmar International (then a small edible oil company)
2006Held large stake when Wilmar merged with Kuok Group (Robert Kuok – Asia’s sugar king)
2010Sold most of his Wilmar shares for over S$1.5 billion
✅ He became a billionaire thanks to concentration + patience — he held Wilmar for over a decade.

His Investment Philosophy​

Peter Lim is low profile but his strategy is consistent:
PrincipleExplanation
Buy undervalued businessesEspecially those with strong cash flow
Hold long-termBig bets, long holding periods
Go against the crowdBuy when the market ignores a sector
Focus on defensivesFood, healthcare, medical, logistics
Reduce risk, not ambitionAvoid over-leverage

Expansion – Beyond Stocks​

He reinvested his fortune into diversified assets:
SectorExamples
HealthcareThomson Medical Group, TMC Life Sciences
SportsOwner of Valencia CF, co-owner Salford City FC
Real EstateHigh-end residential & commercial in Singapore and London
Education & LifestyleVarious private portfolios

️ Why He Survived While Others Failed​

During the 1997 Asian Financial Crisis and 2008 Crisis:
  • Stayed mostly debt-free
  • Did not panic sell
  • Kept cash for crisis bargains
  • Stayed away from speculative hype

Key Lessons from Peter Lim’s Rise​

  1. Play the long game – Wilmar took over 10 years to make him a billionaire.
  2. Stay quiet, act big – He avoids media and hype.
  3. Own instead of trade – He buys companies, not price action.
  4. Crisis = opportunity.
  5. Invest only in what you understand – No crypto, no meme stocks.
Source: ChatGPT
Click to expand...
Peter Lim is quite humble compared to show offs at work place who show their latest 2nd hand car and condo which they just bought. All kinds of people out there
 
uniboi said:
Peter Lim is quite humble compared to show offs at work place who show their latest 2nd hand car and condo which they just bought. All kinds of people out there
Click to expand...
I met many colleagues, clients and acquaintances at work who claim to be able to afford a condo and car, but continue to live in a HDB flat and rely on public transport. LOL!
 
She's a billionaire heiress. She's an entrepreneur. She's twice divorced. She loves a creampie. Women would kill to live a life like hers.
 
True Believer said:
Doctors in private practice often have money stolen by trusted clinic managers and nurses. As long as some patients prefer to pay in cash, this will happen.
Click to expand...
Greedy clinic managers and nurses...they just show the rot starts of the top where the doctors themselves are equally greedy and have done despicable things like selling cough syrup and sleeping pills to patients without prescription and get into trouble

Some doctors are arrogant, greedy and showoff their lifestyle, thinking they can play God in bullying patients off with their staffs until they meet a patient fiercer or far richer than them who sue them for good.

If want to be rich, go and be a stockbroker and plan to retire at 40 and far richer than doctors which loser bemoaning doctors like @supreme are bemoaning about patients complaining, don’t understand how long it takes to be a specialist or porf-essor or self entitled patients and use whatever excuses to cover up.

In short they choose a line as a doctor and front liner to serve so you go in knowing you have to serve patients.
 
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