[{"data":1,"prerenderedAt":-1},["ShallowReactive",2],{"detail-sidebar-cat-0-en-105":3,"doc-seo-639515-105":59,"doc-detail-639515-en":130},{"code":4,"msg":5,"data":6},0,"success",[7,13,18,23,28,33,38,43,48,51,55],{"id":8,"doc_module":4,"doc_module_name":9,"category_name":10,"show_sort_weight":11,"slug":12},1,"Document","Story & Novel",90,"story-novel",{"id":14,"doc_module":4,"doc_module_name":9,"category_name":15,"show_sort_weight":16,"slug":17},2,"Literature",80,"literature",{"id":19,"doc_module":4,"doc_module_name":9,"category_name":20,"show_sort_weight":21,"slug":22},4,"Exam",70,"exam",{"id":24,"doc_module":4,"doc_module_name":9,"category_name":25,"show_sort_weight":26,"slug":27},5,"Comic",60,"comic",{"id":29,"doc_module":4,"doc_module_name":9,"category_name":30,"show_sort_weight":31,"slug":32},6,"Technology",50,"technology",{"id":34,"doc_module":4,"doc_module_name":9,"category_name":35,"show_sort_weight":36,"slug":37},7,"Healthcare",40,"healthcare",{"id":39,"doc_module":4,"doc_module_name":9,"category_name":40,"show_sort_weight":41,"slug":42},8,"Research & Report",30,"research-report",{"id":44,"doc_module":4,"doc_module_name":9,"category_name":45,"show_sort_weight":46,"slug":47},9,"Religion & Spirituality",20,"religion-spirituality",{"id":46,"doc_module":4,"doc_module_name":9,"category_name":49,"show_sort_weight":46,"slug":50},"World Cup","world-cup",{"id":52,"doc_module":4,"doc_module_name":9,"category_name":53,"show_sort_weight":52,"slug":54},10,"Lifestyle","lifestyle",{"id":56,"doc_module":4,"doc_module_name":9,"category_name":57,"show_sort_weight":24,"slug":58},19,"General","general",{"code":4,"msg":60,"data":61},"ok",{"site_id":62,"language":63,"slug":64,"title":65,"keywords":66,"description":67,"schema_data":68,"social_meta":123,"head_meta":125,"extra_data":127,"updated_unix":129},105,"en","2021-sgca-25-judgment","[2021] SGCA 25 - Judgment","","Judgment from the Court of Appeal of the Republic of Singapore addressing multiple related civil appeals and proceedings involving Crest entities and OUE Lippo Healthcare, including questions of civil liability in tort for conspiracy, agency, and dishonest assistance. The decision analyzes the standby facility’s purpose, drawdowns to acquire shares, breach of fiduciary and reasonable care duties, state of mind attribution, unlawful means conspiracy, and resulting damages assessment. It further determines the requirements of knowledge and unlawfulness for liability and resolves liability across the parties’ 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parties and proceedings are covered in this judgment?","Question",{"text":112,"@type":113},"The judgment concerns the Court of Appeal matters including Civil Appeal Nos 113, 132, and 135 of 2020, and a related Suit No 441 of 2016, involving Crest Capital Asia Pte Ltd and other Crest-related entities versus OUE Lippo Healthcare Ltd and related respondents.","Answer",{"name":115,"@type":110,"acceptedAnswer":116},"Which legal issues are analyzed regarding wrongdoing and liability?",{"text":117,"@type":113},"The decision addresses tort concepts including conspiracy, agency, dishonest assistance, attribution of state of mind, and breaches of fiduciary duties and reasonable care, together with the requirements of knowledge for unlawful means conspiracy.",{"name":119,"@type":110,"acceptedAnswer":120},"How does the judgment treat the standby facility and drawdowns?",{"text":121,"@type":113},"It evaluates whether there were drawdowns under the standby facility to purchase IHC shares, the facility’s purpose, and whether the relevant party knew the true purpose and the drawdowns made, which affects liability conclusions.","https://schema.org",{"og:url":83,"og:type":124,"og:title":65,"og:site_name":95,"og:description":67},"article",{"robots":126,"canonical":83},"index,follow",{"doc_id":128,"site_id":62},639515,1792703965,{"code":4,"msg":5,"data":131},{"doc_id":128,"user_id":132,"nickname":92,"user_avatar":133,"doc_module":4,"category_id":39,"category_name":40,"doc_title":65,"doc_description":67,"doc_content":134,"file_id":135,"file_url":136,"file_type":137,"file_size":138,"view_count":8,"is_deleted":4,"is_public":8,"is_downloadable":8,"audit_status":8,"page_count":139,"language":140,"language_code":63,"site_id":62,"html_lang":63,"table_of_contents":141,"faqs":142,"seo_title":143,"seo_description":67,"update_tm":129,"read_time":144},24464137899374,"https://us-avatar.wpscdn.com/davatar_3d24733baf745e90a7e4bdd5f77d97b2","IN THE COURT OF APPEAL OF THE REPUBLIC OF SINGAPORE  \n[2021] SGCA 25  \nCivil Appeal No 113 of 2020  \nBetween  \n(1) Crest Capital Asia Pte Ltd  \n(2) Crest Catalyst Equity Pte Ltd  \n(3) The Enterprise Fund III Ltd  \n(4) VMF3 Ltd  \n(5) Value Monetization III Ltd  \n…Appellants  \nAnd  \n(1) OUE Lippo Healthcare Ltd (formerly known as International Healthway Corporation Ltd)  \n(2) IHC Medical Re Pte Ltd  \n…Respondents  \nCivil Appeal No 132 of 2020  \nBetween  \nLim Beng Choo  \n…Appellant  \nAnd  \n(1) OUE Lippo Healthcare Ltd (formerly known as International Healthway Corporation Ltd)  \n(2) IHC Medical Re Pte Ltd  \nVersion No 1: 30 Mar 2021 (14:28 hrs)  \n…Respondents  \nCivil Appeal No 135 of 2020  \nBetween  \nFan Kow Hin  \n…Appellant  \nAnd  \n(1) OUE Lippo Healthcare Ltd (formerly known as International Healthway Corporation Ltd)  \n(2) IHC Medical Re Pte Ltd  \n…Respondents  \nIn the matter of Suit No 441 of 2016  \nBetween  \n(1) OUE Lippo Healthcare Ltd (formerly known as International Healthway Corporation Ltd)  \n(2) IHC Medical Re Pte Ltd  \n…Plaintiffs  \nAnd  \n(1) Crest Capital Asia Pte Ltd  \n(2) Crest Catalyst Equity Pte Ltd  \n(3) The Enterprise Fund III Ltd  \n(4) VMF3 Ltd  \n(5) Value Monetization III Ltd  \n(6) Fan Kow Hin  \n(7) Aathar Ah Kong Andrew  \n(8) Lim Beng Choo  \nVersion No 1: 30 Mar 2021 (14:28 hrs)  \n…Defendants  \nJUDGMENT  \n[Tort]—[Conspiracy]  \n[Agency]—[Evidence of agency]  \n[Agency]—[Principal][Trusts]—[Accessory liability][Damages]—[Assessment]  \nVersion No 1: 30 Mar 2021 (14:28 hrs)  \nTABLE OF CONTENTS  \nINTRODUCTION............................................................................................1  \nBACKGROUND FACTS ................................................................................3  \nDRAMATIS PERSONAE......................................................................................3  \nTHE SUBJECT MATTER OF THE DISPUTE............................................................4  \nTHE GENESIS OF THE DISPUTED FACILITIES.....................................................6  \nDRAWDOWNS UNDER THE STANDBY FACILITY TO ACQUIRE IHC SHARES .......8  \nDEMANDS FOR REPAYMENT UNDER THE STANDBY FACILITY ..........................9  \nTHE DISPUTE AROSE ...................................................................................... 10  \nDECISION BELOW ......................................................................................12  \nTHE PURPOSE OF THE STANDBY FACILITY.....................................................12  \nWHETHER THERE WERE DRAWDOWNS ON THE STANDBY FACILITY TO PURCHASE IHC SHARES.................................................................................13  \nMR FAN ’S BREACH OF DUTIES .......................................................................15  \nMS LIM ’S BREACH OF DUTIES........................................................................16  \nATTRIBUTION OF MR TAN ’S STATE OF MIND TO THE CREST ENTITIES...........17  \nDISHONEST ASSISTANCE................................................................................19  \nThe Crest Entities.....................................................................................19  \nMs Lim......................................................................................................21  \nUNLAWFUL MEANS CONSPIRACY...................................................................21  \nThe Crest Entities and Mr Fan.................................................................21  \nMs Lim......................................................................................................22  \nDAMAGES......................................................................................................23  \nI  \nVersion No 1: 30 Mar 2021 (14:28 hrs)  \nMr Fan’s liability for his breach of fiduciary duties................................23  \nThe Crest Entities’ liability in dishonest assistance and unlawful means conspiracy .........................................................................................","cbCaicm61sn5dOv7","https://ap.wps.com/l/cbCaicm61sn5dOv7","pdf",412203,85,"English","# INTRODUCTION\n# BACKGROUND FACTS\n# DRAMATIS PERSONAE\n# THE SUBJECT MATTER OF THE DISPUTE\n# THE GENESIS OF THE DISPUTED FACILITIES\n# DRAWDOWNS UNDER THE STANDBY FACILITY TO ACQUIRE IHC SHARES\n# DEMANDS FOR REPAYMENT UNDER THE STANDBY FACILITY\n# THE DISPUTE AROSE\n# DECISION BELOW\n# THE PURPOSE OF THE STANDBY FACILITY\n# WHETHER THERE WERE DRAWDOWNS ON THE STANDBY FACILITY TO PURCHASE IHC SHARES\n# ISSUES ON APPEAL\n# CONCLUSION","[{\"question\":\"What parties and proceedings are covered in this judgment?\",\"answer\":\"The judgment concerns the Court of Appeal matters including Civil Appeal Nos 113, 132, and 135 of 2020, and a related Suit No 441 of 2016, involving Crest Capital Asia Pte Ltd and other Crest-related entities versus OUE Lippo Healthcare Ltd and related respondents.\"},{\"question\":\"Which legal issues are analyzed regarding wrongdoing and liability?\",\"answer\":\"The decision addresses tort concepts including conspiracy, agency, dishonest assistance, attribution of state of mind, and breaches of fiduciary duties and reasonable care, together with the requirements of knowledge for unlawful means conspiracy.\"},{\"question\":\"How does the judgment treat the standby facility and drawdowns?\",\"answer\":\"It evaluates whether there were drawdowns under the standby facility to purchase IHC shares, the facility’s purpose, and whether the relevant party knew the true purpose and the drawdowns made, which affects liability conclusions.\"}]","[2021] SGCA 25 - Judgment | PDF",214]