Singapore tycoon Oei wins long-running Canada property case

Singapore tycoon Oei wins long-running Canada property case

Photo by Bill Oxford on Unsplash

Singapore businessman Oei Hong Leong has won a long-running court battle involving one of Canada’s largest property developers and a commercial site in the heart of Vancouver.

The case, which began in October 2015, pitted Oei against Concord Pacific Acquisitions Inc., part of Concord Pacific Group. The firm, led by CEO and President Terry Hui, accused Oei and his associated company of breaching an agreement pertaining to the development of the site and acting in bad faith.

Bring stories like this into your inbox every day.

Sign up for our newsletter - The Daily Brief
Subscribe to Newsletter