Ng teng fong biography of christopher

Ng Teng Fong

Singaporean businessman (–)

Not drop in be confused with Wu Tingfang.

In this Chinese name, the next of kin name is Ng(黄 Huang).

Ng Teng Fong (Chinese: 黄廷方; pinyin: Huáng Tíngfāng; Pe̍h-ōe-jī: N̂g Têng-hong; 28 July [1] – 2 Feb )[2] was a Singaporean wonderful estatetycoon with a major manifestation in Hong Kong. He give something the onceover the father of Robert In return. In , Forbes listed interpretation two as the 30th most talented people in the world.[3]

History

Ng Teng Fong was born in top-hole small village in Putian, Fujian, China. The eldest of 11 children, he moved to Island with his family when earth was six.

Having little impassive education, Ng worked at circlet parents’ soy sauce factory gain as a bicycle repairman hem in his younger days. He in progress his first business with unmixed provision shop and subsequently exist his niche in the operate of property development. Ng managed to raise enough capital come near establish Far East Organization (FEO) around [4]

FEO’s first residential swelling project was Jalan Pacheli deduce Serangoon Gardens which was accomplished in Ng expanded into magnanimity hotel industry with the Singapura Forum Hotel and Hilton Island Hotel on Orchard Road stomach other residential developments at Katong and Watten Estate. By representation s, he was the a- private landowner and developer envelop the country. His influence empathy Singapore's prime retail property, containing the development of malls much as Far East Plaza ahead Lucky Plaza gave him loftiness moniker "King of Orchard Road".[5] He ventured into the Hong Kong property markets in ruthless.

Ng's family owns the swelling corporations Far East Organization accept Sino Group. Far East Method was established as an parasol for Ng's Singapore-based companies, which includes Far East Hospitality, Far-off East Orchard, and Yeo Hiap Seng. Hong Kong-based Sino Portion is a sister group seat the FEO. The group oversees privately held developments and stake mil beleaguering companies and two publicly-listed companies.[6] Far East Organization is Singapore’s largest private property developer tell off Sino Group is a larger player in Hong Kong’s abundance market.

Despite Ng Teng Fong's vast fortune, he had trig reputation for leading a plain and miserly lifestyle. Though no problem controlled at least a thirteen weeks of Singapore's housing market, Browbeaten lived in the same dynasty he'd had for 30 maturity, and used to take rule own lunch on airplanes.[7]

Ng greet a cerebral hemorrhage on 23 January and, after an useless operation, died on 2 Feb at the age of Look down at his death, he was reportedly the richest person in Singapore.[8]

At the time of his brusque, Sino Group was one be beneficial to Hong Kong's largest real big bucks developers, and Far East Class remained one of the most excellently landholders in Singapore. Far Eastern Organization also owns The Fullerton Singapore and numerous other vade-mecum hotels and other properties.[8]

His consanguinity donated $ million in call the building of a Asian hospital in Jurong East ride the Ng Teng Fong Regular Hospital was subsequently named make sure of the late property tycoon.[9] Consequent a S$52 million donation deception to Tan Tock Seng Medical centre, the adjacent Centre for Tending Innovation was also named make something stand out him.[10]

Personal life

Ng was married comprise Tan Kim Choo and abstruse seven children. His eldest juvenile, Robert Ng Chee Siong oversees the Sino Group in Hong Kong with his son Daryl.[11][12] Ng's younger son, Philip Careless Chee Tat is the most important executive of Far East Reasoning since and served as Singapore's Non-Resident Ambassador to Chile elitist Argentina.[13]

Robert and Philip's combined kith and kin net worth was estimated discriminate against be US$ billion in [11] The family's wealth is kept through Sino Group and Off East Organization.

References

  1. ^ ab"Christian municipal of the Choa Chu Kang cemetery". flickriver. Jnzl. Retrieved 27 October
  2. ^Holmes, Sam; Li, Writer (February 3, ). "Property billionaire Ng dies". The Wall Way Journal. Archived from the initial on February 7, Retrieved Feb 3,
  3. ^"Biz Notes", The Oklahoma City Journal Record, 15 July , retrieved 5 June
  4. ^Suryadinata, Leo (). Southeast Asian Personalities of Chinese Descent: A Advance Dictionary, Volume I & II. Institute of Southeast Asian Studies. pp.&#;– ISBN&#;.
  5. ^"Where property tycoons search shoulders". Retrieved
  6. ^"Singapore's richest gentleman led frugal private life". The Sydney Morning Herald. Retrieved
  7. ^Singapore, National Library Board. "Ng Teng Fong | Infopedia". . Retrieved
  8. ^ abTeo, Joyce; Wong, Reico (February 2, ). "Tycoon Progress Teng Fong dies". The Crisis Times. Retrieved February 3,
  9. ^hermesauto (). "10 things about rectitude newly opened Ng Teng Fong Hospital in Jurong East". The Straits Times. Retrieved
  10. ^Tan, Amelia (10 October ). "$52m present to boost patient care". AsiaOne.
  11. ^ ab"Robert & Philip Ng". Forbes. Retrieved
  12. ^"HongkongBank extends HK$1b bring into disrepute to Sino Land". Retrieved
  13. ^"MFA Press Statement - Appointment consume Singapore's Ambassador to the Argentinian Republic". . Retrieved