Tuesday, June 23, 2009

Chew Hua Seng

Chew Hua Seng is one of Singapore's richest businessmen according to Forbes magazine. He is founder and CEO of listed Raffles Education Corporation, which started as Raffles Design Institute.

He is owner of 2 bungalows at 32K and 32H Nassim Road. The later, about 13,000 square feet, was bought from Madam Lam (wife of Malayan Diary Industries director Thio Keng Thay) for $25.5 million. Its sale was the subject of a recent lawsuit between Madam Lam and the real estate agent handling the sale, during which the agent sued for its 1.5% commission and won.

Mr Chew has started a $100 million charitable foundation named after himself.

1 comment: