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The Tongyang Group, also spelled Tong Yang Group, is a South Korean conglomerate founded in 1957 by Lee Yang-gu, a confectionery businessman who had decided to expand into the cement industry. Over the following decades it expanded to include holdings as diverse as financial services companies and a basketball team.
It currently runs 170 retail outlets in Singapore, Malaysia, Hong Kong and Macau, plus four factories in Hong Kong and Malaysia. The group also operates 28 TCM clinics in Singapore, Malaysia and Hong Kong. The holding company, Eu Yan Sang International Limited, was listed on the mainboard of the Singapore Exchange since 2000. It had been ...
Eu was born in Penang, Malaya on 23 July 1877. His grandfather, He Song, a feng shui master, was originally from Jiangxi but moved to Foshan in Guangdong, China.His father, Eu Kong Pui (a.k.a. Eu Kong) became a Chinese immigrant from Foshan and went to Penang to work as a grocery shop assistant and later laid the foundation for his son's fortune by starting tin mining and other businesses. [4]
The transition of operations to Singapore which began in late 2019 is said to be partially political as efforts were made by Chinese leader Xi Jinping to curb the influence over retired Communist Party elders as well as tighten control over Hong Kong using the Hong Kong national security law due to the 2019–2020 Hong Kong protests. Singapore ...
Surbana Jurong Private Limited is a Singaporean government-owned consultancy company focusing on infrastructure and urban development. It was formed in June 2015 with the merger of Surbana International Consultants and Jurong International Holdings. [2] As of July 2016, it is wholly owned by Temasek Holdings and had 13,000 employees.
Eng Aun Tong was then relocated to Singapore and expanded its branch to many Chinese communities in Asia. Aw Boon Haw also built Haw Par Villas in Hong Kong, Singapore and in Yongding District, Longyan, China. A private company, Haw Par Brothers (Private) Limited was incorporated in 1932 [4] as a holding company for a vast majority of the ...
Tolaram Group is a holding company headquartered in Singapore with diversified business interests in consumer goods, fintech, infrastructure and industrials. [1] It has a presence across Asia, Africa, Europe and South America.
Commercial banks in Singapore may undertake universal banking, such as the taking of deposits and the provision of cheque services and lending, as well any other business authorised by the Monetary Authority of Singapore, including financial advisory services, insurance brokering and capital market services, as long as they are permitted under section 30 of the Banking Act.