The Business Times

Staying the course

Sim Koon Lam stuck to his own convictions and bought out his bosses when they did not share his plans for growth.

Published Thu, Nov 27, 2014 · 09:49 PM
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IN 2007, Sim Koon Lam found himself at a crossroads. After 15 years at the Singapore subsidiary of Dutch offshore contractor Vrijhof Ankers Beheer, he felt that the parent company did not share his view on how to continue growing what was then a marketing unit. He could have acceded and put aside his own convictions; he could have walked out and started afresh. Instead, Mr Sim did what frightens even those who have less to lose: He went all in.

When life gives you a chance to guide your own fortunes, take it and never veer from your goal, said Mr Sim, founder and director of Mooreast Asia. Speaking to The Business Times from his Loyang office, Mr Sim shared his vision and plans for the mooring systems fabrication and supply business that he bought less than 10 years ago.

"It is never a smooth journey," Mr Sim said. "We always encounter bad weather, storms. We go through all sorts of hardship . . . learning things . . . but the one important thing is that you must be determined."

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