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From 'white knight' to Reit grower

Heng Fai Enterprises is seeing results from its first two Reits

ON THE SAME PAGE The company is still a family business, with the senior Mr Chan setting the company's macro direction, his son Tony (left) executing these ideas, and a younger son serving as COO and CIO. - PHOTO: YEN MENG JIN


THE days of swooping in to rescue and turn around troubled companies through drastic corporate restructuring are over for Hong Kong-listed Heng Fai Enterprises.

The company, which most recently washed its hands of Singapore-listed SingHaiyi by selling it to low-profile...

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