Tag Archives: peter lim

Singapore billionaire Peter Lim has been confirmed as the new owner of La Liga club Valencia. After about ten months of negotiations, Bankia, the club's main creditor, has agreed to sell 70 per cent of club shares to Meriton Holdings, Mr Lim's private investment company.

EVEN for the ultra rich, condo living still means having to share facilities like pools and tennis courts with neighbours. Unless you're billionaire Peter Lim, that is. Mr Lim, his wife Cherie and his 85-year-old mother have an entire 11-storey condo - and pool - at Ardmore Park to themselves. No noisy neighbours, no barking dogs, no learner trumpeters practising in the apartment next door. The family occupy an apartment close to 4,000 sq ft at the Abelia condo while the other three maisonettes and a 5,000 sq ft penthouse sit empty, although there is a security guard.

Bugatti have not revealed the identity of the Singaporean buyer, who was presented with his new purchase at the Pebble Beach Concours d’Elegance show in California by Bugatti’s president himself, but there is a very obvious clue ‘hidden’ in the grille. Apparently, the owner has requested to have his initials, PL, laser cut into the grille design, so given that information, you can probably figure out pretty easily who is this (not so) mysterious billionaire.

Valencia made surprise offer for Tampines and Singapore star striker Alec Duric. Straight Times Corrospondent is said to have witness Duric's agent Durian at the Mestalla training ground. It was rumored the transfer fee to be around $1.2m, with the Singapore star striker getting a whopping 5 digit salary per week for 1 year.

Singapore property tycoon Peter Lim has been confirmed as the new owner of Spanish La Liga football club Valencia CF. According to Spanish media reports, the 22-man Valencia CF Foundation trustees voted in favour of selling their shares to the 60-year-old billionaire’s Hong Kong-based investment company Meriton Capital Limited during a meeting in Madrid on Saturday.

HSBC Holdings Plc was sued by Singaporean billionaire Peter Lim’s ex-wife, who claimed she suffered losses because of the bank’s negligence.Teo Geok Fong, who started investing with private banks after her divorce settlement in 2002, claims she was misled into believing certain products were suitable for her risk profile, according to her lawsuit filed against HSBC’s Singapore unit

Billionaire Peter Lim, 60, is still in the running to acquire Spanish Primera Liga side Valencia CF. This comes barely a week after Spanish and local media reported that the Singapore businesman had failed in his bid to acquire Valencia.

It must be a case of déjà vu for Singapore billionaire Peter Lim, who has failed yet again to purchase a top European club. According to Spanish newspaper Marca, the 60-year-old has failed to make it through the final round of bidders interested in buying debt-stricken Spanich club Valencia. Lim placed a bid for the La Liga side in December, promising to clear the club’s debts and enable the completion of the construction of their new stadium, as well as providing a transfer fund of €50 million (SGD$87m) to invest in new signings.

Singaporean billionaire Peter Lim has pledged to spend 50 million euros (S$85 million) on new signings for Spanish football club Valencia during the January transfer window. He was quoted in Spanish daily AS as saying: "I hope my offer is accepted. Forty million euros for signings seem too small for me. I have 50 million euros to spend this month