• Sat
  • Dec 20, 2014
  • Updated: 9:11am

Daughter slams divorce reports

PUBLISHED : Thursday, 02 December, 2010, 12:00am
UPDATED : Thursday, 02 December, 2010, 12:00am
 

A daughter of Nan Fung Group founder and chairman Chen Din-hwa has called recent reports regarding her father's divorce case 'exaggerated and sensationalised'.

Angela Chen said in a statement issued last night: 'I feel very regretful, especially since children are innocent and should be protected. Regarding these untrue and defamatory reports and remarks, I reserve all my rights.'

She was speaking after widespread media reports were published on Wednesday about the Nan Fung chairman, his divorce proceedings and issues surrounding them.

Chen Din-hwa, 87, ranked No 8 on this year's Forbes Hong Kong's Richest list, is reported to be worth US$3.2 billion. After coming to Hong Kong from the mainland in 1949 he set up cotton-yarn maker Nan Fung Mill in 1954. Nan Fung Group is now a property developer which also has shipping interests.

The Court of Appeal on Tuesday had handed down a ruling in a case between a couple identified as A, the husband, and Mrs A, the wife. The husband, 87, was diagnosed with Alzheimer's disease in 1995 and pronounced to be a mentally incapacitated person on November 21, 2008, according to the written ruling. The court has appointed a committee for his estate under the Mental Health Ordinance. The wife, 86, recently had a minor stroke and was admitted to hospital, the document said.

According to another written ruling, A's only two children, one who managed his business in the United States and the other who acted as vice-chairman in his corporate conglomerate in Hong Kong, were 'at odds with each other'.

Yesterday's statement came about a week after Chen Din-hwa's wife, Yang Foo-oi, filed for damages, equitable compensation and other relief, naming another daughter, Chen Wai-wai, as defendant in respect of allegations of misrepresentation and breach of contract.

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