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Peter Lim invests in TheEdge owner's new property portal

Singapore billionaire takes 20% stake in Tong Kooi Ong's property information site

Anita Gabriel

Published Thu, Jun 4, 2015 · 09:50 PM

Singapore

DEBUNKING the oft-cited myth that friends don't make erstwhile business partners, Singapore billionaire Peter Lim is throwing his money behind Malaysian entrepreneur Tong Kooi Ong for a 20 per cent slice of a newly-set up property portal.

Mr Lim has picked up the stake in Mr Tong's TheEdgeProperty.com - a property information site that has gone live and is set to be officially launched next month - for an "undisclosed consideration", according to a statement issued by TheEdgeProperty.com.

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