... which has often been hailed as one of the success stories of the modern Singapore business environment. The company was founded in 1950 by his father, Kwek Hong Png, a poor immigrant from China. Kwek Leng Beng rules the conglomerate with an iron hand and will. Total sales in 2001 topped US $2 billion. The Hong Leong Group is involved in everything from manufacturing plastics to property development to hotel management. It is the majority shareholder of City Developments Limited, the second largest public-listed property development company in Singapore with a market capitalization of about US$4 billion. Other listed companies in the stable include Millenium & Copthorne International Limited, Hong Leong Asia, Republic Resorts & Hotels and Singapore Hong Leong Finance. The original patriarch, the late Kwek Hong Png started as a merchant, having left China to work as a coolie for the British traders in Singapore in the 1940s right ...

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