Lady Dunn takes action over share dividends
LADY Dunn has filed a writ with the Supreme Court claiming $486,679 in share dividends from stocks owned by her late father.
Lady Dunn claims that while Great China Match Company Ltd had acknowledged its debt, it had failed to make any payment despite repeated demands.
According to the statement of claim, Lady Dunn was made the administrator on August 4 last year of the estate of her father, Mr Dunn Yen Chuen-yih, also known as Mr Dunn Yen Chuen, who died intestate on January 16, 1965.
It states that Great China Match was a private limited company with an authorised capital of $1 million divided into 10,000 ordinary shares of $100 each.
Mr Dunn was the registered holder of 333 shares, which had earned $486,679 in dividends.
Lady Dunn also wants the company to pay the cost of recovering the money.