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#298 - Lawrence Wong promoted to Deputy PM & divorced couple to split $1 million wedding red packet

Earlier this week, PM Lee announced several Cabinet changes, the most prominent being Lawrence Wong’s promotion to Deputy Prime Minister. While this wasn’t unexpected, were there any other surprises? In the local courts, a judge ruled that a $1 million red packet presented at a wedding tea ceremony is to be included in the matrimonial assets to be split between the couple as they go through their divorce. We discuss why this case is a warning to those looking to flex their wealth at their wedding.

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