Why investors should back listed family-linked businesses such as those of the Wee family
Family-owned companies are likely to be managed with an eye on multi-generational wealth transfer, a plus for long-term sustainability
Leslie Yee
I have a long-term investment horizon. I am generally a hoarder who adds to my equities holdings when I have time and/or spare cash. And I prune my holdings far too infrequently.
It’s convenient to hold stocks via the Central Depository Account or a nominee account with a bank. I need not fear losing physical share certificates, and dividends are generally paid in a timely manner, directly into one’s bank account, with hardly any need for monitoring on my part.
I favour Singapore equities because I am based here, comfortable with the local regulatory framework, and prefer Singapore-dollar denominated investments as I like the local currency.
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