WUA v WUB

Case Significance

WUA v WUB [2024] SGHCF 10 was decided in the General Division of the High Court (Family Division) by Choo Han Teck J on 6 February 2024, in Divorce Transferred No 2553 of 2020. The parties had been married for 21 years, with interim judgment delivered on 30 September 2020. The plaintiff husband was the CEO and majority shareholder of his company, and the defendant wife was a director of business management in another company. They had two children, aged 21 and 18, and the proceedings concerned the division of matrimonial assets and the children's maintenance.

The parties agreed that the pool of matrimonial assets was to be ascertained as at the interim judgment date and valued as at the ancillary matters hearing date, save for bank account and CPF account balances. The judgment set out the court's valuation of undisputed assets, including the matrimonial home valued at $1,297,500.00 (between the husband's figure of $1,295,000 and the wife's $1,300,000), investment accounts of $74,889.38, SCB accounts of $8,864.14, CPF accounts of $271,108.85, shares in a Philip Securities account of $22,489.50, a Manulife policy of $17,302.36 and a deVere policy valued at $12,108.47. The catchwords record the issue as Family Law — Matrimonial assets — Division.