Justice Steven Chong Horng Siong | Judge of Appeal

“We agree with the Judge that Mun’s evidence should be preferred. Mun’s evidence was more credible and objective, and the conclusions he reached were well-reasoned and supported by the evidence.”

The appellant accepted on appeal Mun’s valuation as regards items (b) and (d), ie, “Adjusted PPE” and “Stock”.

[2022] SGCA 47, para 64, 66.