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Boustead Singapore looks ahead following re-merger with Boustead Projects

Raphael Lim
Published Sat, Apr 13, 2024 · 05:00 AM

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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