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Feng shui master in fresh bid for Hong Kong billionaire’s fortune

Hong Kong feng shui master on Wednesday launched a fresh legal challenge for the multi-billion dollar estate of eccentric tycoon Nina Wang, formerly Asia’s richest woman.

Chan Chun Chuen has applied to the High Court to freeze the assets of the late Wang’s former company, Chinachem Charitable Foundation, and appoint an administrator, his lawyer said.

Chan says he has a 2006 will naming him as the sole beneficiary of Wang’s estate, estimated to be about 4.2 billion dollars.

“At the request of Mr. Chan, the writ has now been served and the matter will have to be resolved in the normal way by the court,” Chan’s lawyer, Jonathan Midgley, said in a statement.

The statement said efforts to resolve the situation outside court over the past few months had failed. A spokesman said Chan was “upset” about the failure to resolve the issue.

He also said Chan was frustrated that Chinachem had invested in real estate in Hong Kong, against the wishes of Wang, and was considering changing the company logo.

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http://news.yahoo.com/s/afp/20071031/wl_asia_afp/hongkongpeoplewang_071031151743