PKWA Law recently represented the Husband in a contested divorce before the High Court (XIK v XIL [2025] SGHCF 16), which involved complex issues relating to the division of assets, maintenance, and valuation of private shareholdings. We are pleased that the Court accepted many of our arguments and issued several key rulings in our client’s favour.
Division of Matrimonial Assets
The Court ultimately awarded our client 72.5% of the matrimonial asset pool. In line with our submissions, the Court agreed that for a mid-length, single-income marriage, the Wife’s share should be at the lower end of the typical range, awarding her 27.5%.
No Adverse Inference Drawn
The Wife had argued for an adverse inference to be drawn against the Husband regarding alleged non-disclosure of assets. However, the Court found that there was no basis for such an inference, and accepted our position that the Husband had made adequate and credible financial disclosures.
Treatment of Private Company Shares
A significant point of contention was how to deal with the Husband’s shareholdings in a private company. While the Wife proposed a fixed sum payout, we argued that an in-kind division was more appropriate due to the illiquid and fluctuating nature of the shares. The Court agreed, ordering the shares to be split in kind so both parties could benefit from future value changes.
Maintenance for Wife and Children
The Court also addressed maintenance for both the Wife and the children. The amounts ordered were more consistent with the proposals made on our client’s behalf, and reflected a balanced view of both parties’ financial situations.
Conclusion
We are proud to have helped our client achieve a fair and well-reasoned outcome in this challenging case. PKWA Law remains committed to providing effective representation in complex family law matters. If you require legal support in divorce proceedings or asset division, please reach out for a consultation with our experienced team.