GSH gearing up for leadership transition
The succession plan at Sam Goi's business empire is in place though there's no definitive timeline.
Anita Gabriel
GSH Corp, a consumer goods distributor-turned-real estate firm, is facing a renewal of sorts since Singapore tycoon Sam Goi took control of the firm three years ago.
While its transformation into a real estate player remains a work-in-progress, Singapore-listed GSH may be on the cusp of a leadership transition involving the business empire of one of Singapore's richest men.
"I have been training my children and loosening my grip on the business to allow my children to do things on their own," says Mr Goi who apart from his flagship real estate listco GSH, of which he owns 48 per cent, also owns privately-held Tee Yih Jia Group, a US$1 billion annual sales global food business.