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Wee Hur looks beyond construction and real estate to drive future growth

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Ry-Anne Lim

Ry-Anne Lim

Published Thu, Apr 11, 2024 · 05:00 AM
    • Goh Wee Ping (left, with his father Goh Yeow Lian) sees Wee Hur Holdings' diversification into fund management as a natural progression as it climbs the value chain.
    • Goh Wee Ping (left, with his father Goh Yeow Lian) sees Wee Hur Holdings' diversification into fund management as a natural progression as it climbs the value chain. PHOTO: YEN MENG JIIN, BT

    DeeperDive is a beta AI feature. Refer to full articles for the facts.

    WEE Hur Holdings’ roots may lie in the construction industry, but the mainboard-listed company has quickly made a name for itself in other sectors, from property development and student housing to fund management. 

    This diversification has proven successful, with income growing steadily year on year. 

    In its latest financial year ended December 2023, revenue was up 4.1 per cent year on year to S$224.8 million. Net profit grew 45.1 per cent year on year to S$98.6 million. 

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