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https://www.straitstimes.com/singapore/mustafa-centre-boss-being-sued-by-sons-of-dads-partner
Mustafa Centre boss being sued by sons of dad's partner
Published
11 hours ago
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K.C. Vijayan
Senior Law Correspondent
The man behind the iconic Mustafa Centre, Mr Mustaq Ahmad, who is currently battling his half-siblings in a high-stakes lawsuit, is facing another legal fight - from one half of the famed brand name Mohamed Mustafa & Samsuddin.
The late Mr Samsuddin Ahmad's sons Fayyaz and Ansar are seeking a High Court order to void the alleged share dilution of the business over the years that has shrunk the Samsuddin estate's portion from 50 per cent to 15 per cent.
https://www.straitstimes.com/singapore/courts-crime/mustafa-founder-in-legal-tussle-with-stepfamily
Mustafa founder in legal tussle with stepfamily
The founder of the popular Mustafa Centre, Mr Mustaq Ahmad (above), is being sued by his step-siblings and their mother, who are seeking a court-ordered account of the affairs and records of Mohamed Mustafa & Samsuddin.PHOTO: BERITA HARIAN
Published
Jul 1, 2018, 5:00 am SGT
Facebook Twitter WhatsApp Email
K.C. Vijayan
Senior Law Correspondent
The founder of the popular Mustafa Centre, Mr Mustaq Ahmad, is being sued by his step-siblings and their mother, who are seeking a court-ordered account of the affairs and records of Mohamed Mustafa & Samsuddin (MMS).
At issue in the stand-off, among other things, are two company share allotments in 1995 and 2001 which the plaintiffs, led by Mr Ayaz Ahmed, are seeking to void because they allegedly diluted their interests as beneficiaries of the Mustafa estate.
Mustafa Centre boss being sued by sons of dad's partner
Published
11 hours ago
Facebook Twitter WhatsApp Email
K.C. Vijayan
Senior Law Correspondent
The man behind the iconic Mustafa Centre, Mr Mustaq Ahmad, who is currently battling his half-siblings in a high-stakes lawsuit, is facing another legal fight - from one half of the famed brand name Mohamed Mustafa & Samsuddin.
The late Mr Samsuddin Ahmad's sons Fayyaz and Ansar are seeking a High Court order to void the alleged share dilution of the business over the years that has shrunk the Samsuddin estate's portion from 50 per cent to 15 per cent.
https://www.straitstimes.com/singapore/courts-crime/mustafa-founder-in-legal-tussle-with-stepfamily
Mustafa founder in legal tussle with stepfamily
The founder of the popular Mustafa Centre, Mr Mustaq Ahmad (above), is being sued by his step-siblings and their mother, who are seeking a court-ordered account of the affairs and records of Mohamed Mustafa & Samsuddin.PHOTO: BERITA HARIAN
Published
Jul 1, 2018, 5:00 am SGT
Facebook Twitter WhatsApp Email
K.C. Vijayan
Senior Law Correspondent
The founder of the popular Mustafa Centre, Mr Mustaq Ahmad, is being sued by his step-siblings and their mother, who are seeking a court-ordered account of the affairs and records of Mohamed Mustafa & Samsuddin (MMS).
At issue in the stand-off, among other things, are two company share allotments in 1995 and 2001 which the plaintiffs, led by Mr Ayaz Ahmed, are seeking to void because they allegedly diluted their interests as beneficiaries of the Mustafa estate.
