Lamitak founder places staff over himself

WHEN Andrew Tan received an enquiry from a rival seeking to buy over his company, he shot it down immediately.

The founder and chairman of Tak Products and Services had no intention to sell even if the sum was large enough for him to retire on for the rest of his life. "No point. The amount that I can sell at I can make in the next five to 10 years," he says. "But my main worry is that my old staff will be laid off, that's my main concern."

For Mr Tan, 64, business is more than just about growing a company - it is about keeping his staff employed and helping the less fortunate with the wealth he has accumulated.

He regularly donates money to help poorer students…