The Business Times
business-time-50
THE LEVEL GROUND

At 82, mogul Kwek Leng Beng still offers lessons for the young

google-preferred-sourceAdd BT as a preferred source
Leslie Yee

Leslie Yee

Published Mon, Nov 20, 2023 · 03:38 PM
    • Tycoon Kwek Leng Beng's life story, as told in his biography, offers many useful lessons on how to grow a business.
    • Tycoon Kwek Leng Beng's life story, as told in his biography, offers many useful lessons on how to grow a business. PHOTO: BT FILE

    NUMEROUS dignitaries gathered at the ballroom of The St Regis Singapore on the evening of Nov 9. There were heart-warming speeches, lovely canapes, champagne and wine.

    The occasion was the launch of Strictly Business: The Kwek Leng Beng Story, a 257-page biography written by Peh Shing Huei on the executive chairman of Hong Leong Group Singapore and City Developments Limited (CDL).

    A highlight of the event was the announcement of an endowed gift of S$24 million, jointly made by Kwek Leng Beng and CDL, to the Singapore Institute of Technology (SIT). With a matching government grant, the total endowment contribution amounts to S$60 million.

    The Level GroundKwek Leng BengSingapore propertyCity Developments Ltd (CDL)City DevelopmentsHotels

    TRENDING NOW

    This comes after a Citi note that lifted target prices for all Singapore banks, with a leading preference and “buy” call for DBS.

    DBS, OCBC and UOB shares hit all-time highs as sentiment improves

    Recent cuts at e-commerce platforms such as Shopee is signalling shifting business priorities.

    E-commerce job cuts signal S-E Asia’s shift from scaling to deeper user engagement

    The eligible projects include Sun Group’s developments linked to the Asia-Pacific Economic Cooperation summit in Phu Quoc in 2027.

    Targeted credit relief: Vietnam steers funding to Vingroup, Sun Group, Masterise megaprojects

    Koh Boon Hwee says humans have accepted that robots can take over the most repetitive, manual tasks, but are nervous about AI, which can also think.

    With AI, it’s not about coding better; workers need to think better: Koh Boon Hwee

    Latest T-bills Treasury Bills Results & Interest NewsLatest SSB Singapore Savings Bonds NewsLatest COE Certificate of Entitlement News
    Latest Johor-Singapore SEZ NewsLatest BTO Build To Order & Sales of Balance NewsLatest STI Straits Times Index NewsLatest SGX Dividends, Share Price NewsLatest Bonds Market NewsLatest Singapore Stocks To Buy NewsLatest Singapore Economy News
    View More