Peter Kwee has been in the legal limelight this week. Who is he?
MOTORING tycoon Peter Kwee has been making the headlines this week. Here are a few things to know about him:
He made his money from car distributorships
He hit the big time when he became a distributor of Renault and Volkswagen vehicles through his company Group Exklusiv in the early 2000s.
Kwee was born in 1947 in the hill resort town of Bandung in Indonesia, to a couple from China’s Fujian province. At 18, he started a trading business in flour and plastics, importing 50 to 100 truckloads of flour and 200 to 300 tonnes of plastic on each shipment.
TRENDING NOW
Qatari LNG ship struck in Strait of Hormuz, testing US talks
DBS, OCBC and UOB shares hit all-time highs as sentiment improves
‘Baptism of fire’: Andre Khor on leading Singapore refiner Aster through an energy crisis
Singapore retains top spot as most expensive city for HNWIs, with five Apac cities in global top 10