The son of Haidilao hotpot chain co-founder Zhang Yong has been granted an option to purchase a bungalow at Gallop Road for S$ 42 million, reported The Business Times today (Jan 6). The price works out to S$ 1,940 per sq ft (psf) based on the freehold site’s area of …
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Characterised by her signature cheongsam and delicately coiffed hair, Chew Gek Khim sits on the list of Singapore’s most powerful tycoons. She is the 29th richest person in Singapore with a net worth of at least US$ 1.26 billion. The billionaire was also the first woman in over a decade …
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Multimillionaire Koh Wee Seng holds a net worth of US$ 540 million and ranks just shy of Forbes’ richest list as Singapore’s 50th richest man. Despite being the founder and driver behind one of Singapore’s largest business empires, the low-profile magnate has been kept largely out of the public eye. …
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While Singapore has its fair share of ultra-rich family dynasties and heirs to billion-dollar fortunes, rags-to-riches stories are far and few between. It’s not easy to compete with the big boys, especially if you come from next to nothing yourself. However, several enterprising Singaporeans have been steadily climbing the ranks …
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Nippon Paint Holdings, the world’s fourth largest paint manufacturer, has struck a S$ 16.7 billion deal with Goh Cheng Liang’s Wuthelam Holdings in a bid to build the largest paints and coatings company in Asia. Wuthelam will be buying majority stakes in Nippon Paint, which will use the capital to …
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Earlier this month, business magazine Forbes released its 2020 Forbes Singapore Rich List, which highlights the top 50 richest in Singapore. Sam Goi, chairman of frozen foods manufacturer Tee Yih Jia Foods (TYJ), ranked 18th in the list. As of 4 September 2020, his net worth stands at S$ 2.56 …
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