HE was just a shipping clerk who became a self-made
millionaire.
She was his homemaker wife through their 49 years of marriage.
They have four grown-up children.
But Mr Yeo Chong Lin, 73, and Madam Nancy Tay, 71, split in July
2005 on grounds of his adultery.
Now, a High Court judge has ordered that Madam Tay should get
$40.79 million, or 35 per cent, of Mr Yeo's assets. Justice Judith
Prakash estimated his worth to be more than $115 million. The
judgment also took into account her assets of $860,000.
Her judgment was released last Monday, and Mr Yeo must pay his
ex-wife within six months.
When contacted last night, Mr Yeo said he will appeal, and
expressed concern that the six-month deadline might require him to
liquidate assets to come up with the cash.
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