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Doc who sold shares cheaply gets them back
Fri, Jan 02, 2009
The Straits Times

By Esther Tan

A DOCTOR who was pressured into selling his shares in two clinics at an undervalued price by his partners has been given his shares back by the High Court.

Justice Judith Prakash ruled that the shares that Dr Tam Tak Chuen, 39, had sold should be returned to him, and that Dr Khairul Abdul Rahman, 43, would bear Dr Tam's legal costs.

She said that while Dr Tam had behaved 'very badly' and had repeatedly denied that he was having an affair with a clinic assistant, Dr Khairul was not entitled to 'take advantage of the situation and unfairly profit from it'.

 

 


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