The Business Times
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Boustead Singapore looks ahead following re-merger with Boustead Projects

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Raphael Lim

Raphael Lim

Published Sat, Apr 13, 2024 · 05:00 AM
    • Wong Fong Fui, chairman and group chief executive officer of Boustead Singapore.
    • Wong Fong Fui, chairman and group chief executive officer of Boustead Singapore. PHOTO: YEN MENG JIIN, BT

    BOUSTEAD Singapore’s group chief executive officer Wong Fong Fui is known for being able to turn around businesses and actively make deals for the conglomerate. 

    But the company’s bid last year to privatise its subsidiary Boustead Projects was met with pushback from segments of the market amid views that the original offer price undervalued the property player.

    “I think it was pretty misunderstood,” Wong told The Business Times in an interview. 

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