PUTRAJAYA: The Federal Court postponed yesterday the hearing of an appeal by the daughters of the late Malacca tycoon Gan Puay Chee against a court ruling which validated his will to leave only RM1mil of his almost RM300mil estate to them.
No reason was given for the postponement.
Gan, who died in May, 1997 had left RM1mil in his will dated April 16, 1997 to be shared equally by his two daughters Yoke Chin, 61, and Yook Hwa, 58.
The remainder of between RM200mil and RM300mil was to be divided 40%, 40% and 20% among his natural sons Kim Toon and Kim Guan and adopted son Yan Khern respectively.
Gans daughters first entered a caveat on the estate in May 1997, days after the will was read out to the family.
Yoke Chin and Yook Hwa, in a suit filed on Sept 29, 1997, named their brothers Kim Toon, Kim Guan, Yan Khern, trustee and executor Lee Ing Chin @ Lee Teck Seng and Gans caretaker Lee Kim Teng @ Lee Chin Chong as defendants.
The sisters challenged the validity of the will and asked the court to grant them letters of administration of their late fathers estate. They also asked that 400,000 units of Malayan Banking Bhd shares, valued at about RM25mil, be included in the estate.
On Feb 5, 2001, the Malacca High Court ruled that the estate would include the 400,000 units of shares which would be equally distributed to the beneficiaries as the purported last will made was forged.
Dissatisfied, the defendants appealed.
On Feb 11, Court of Appeal judges Justice Gopal Sri Ram, Saari Mohd Yusoff and Alaudin Mohd Sheriff set aside the decision of the then Malacca High Court Judicial Commissioner Abdul Hamid Said and held that there was no evidence to show Gan lacked the mental capacity to make the will.