SG-Chinese Commercial Capital SFO 华商单家办

About SG-Chinese Commercial Capital SFO 华商单家办

The Chinese Commercial Single FAM Office originates from the 116 yrs old Single Family Office (SFO) of patriarch Lim Yew Teok, prominent industrialist, banker who was the largest shareholder of Chinese Commercial Bank (华商银行) that was established in 1912. Lim owned 72% of Chinese Commercial Bank which merged with Ho Hong Bank in 1932 to become Singapore's 2nd largest bank, OCBC Bank. (See attached 10 Straits Times & SG National Library links). He was also owner of multiple long rows of warehouses and godowns at Ho Puah Quay @ Singapore River. Eldest grandson B.P. Lim helmed B.P. Lim General Brokers 美比林公司. The SFO accumulated Chinese Commercial Bank shares funded by Lim's lucrative industrials and warehouses biz from SG-China booming trade before the merger into OCBC, making Lim consistently the Top 20 significant shareholder in OCBC Bank, dispite having hugely divested to other investments. See OCBC Annual Report 2008 The SFO later expanded via marriage of eldest grandson of Lim Yew Teok and eldest daughter of Chinese Indonesian Tan Biauw, founder Chairman of Heng Guan Ltd (the Cofffee King in SG), founded 2 largest-caps SGX-public-listed companies, Setron and Acma. Setron was Singapore's only domestic TV manufacturer. Acma was Singapore's only domestic aircon and fridge manufacturer. Both factories employed 3,000 employees then and exported to America, Europe and Middle East.Most older Singaporeans will remember owning a Setron TV, Acma aircon/fridge cos cheap and reliable. Both these iconic local household brand products are permanent displays @ SG National Museum under SG's Industrialisation section. Biauw was UOB Bank founder Wee Cho Yaw's close confidante and was a UOB Board of Director. Setron was the single massive windfall for the SFO when it was sold to Sony Corp.Japan.See link

View contact profiles from SG-Chinese Commercial Capital SFO 华商单家办