and has joined the ranks of billionaires.
family's combined fortune, based on their 57 per cent stake in the supermarket chain held mainly by Lim and his two brothers, has surged to US$1.1 billion , according to the Bloomberg Billionaires Index. That would have been inconceivable when Mr Lim Hock Chee started the pork stall to help alleviate a supply glut at his father's pig farm.
Regulatory filings show that Mr Lim bought more shares last month through an account jointly held with his wife. He may have learned a thing or two from previous outbreaks. Grocery purchases are likely to remain robust even if social-distancing restrictions and panic-buying abates, according to Juliana Cai, an analyst at RHB Securities Singapore.
Good for him. Decades of hard work and perseverance. No start-up fairy tale stories
In the end, cina jugak yg kaya. Padahal cina yg sebarkan virus ni....
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