It is catastrophic when those at risk choose to go against their own kind

It is catastrophic when those at risk choose to go against their own kind. They left loopholes for others to exploit and is very sad indeed.

I came across the story of Yeo Hiap Seng and the family feud that resulted in the loss of a US$300 million empire (?) falling out of the family's control. The company is now in the hands of the Robert Ng, the eldest son of Ng Teng Fong, with his majority stake acquired during the family tussle.

While the family were fighting each other, two billionaires were looking at the Yeo Hiap Seng piece of factory land along Bukit Timah Road that was to be developed into private residential housing. Quek Leng Chan and Robert Ng we both looking at the piece of Yeo Hiap Seng land, which was later to be taken over by Robert Ng.

Yeo Hiap Seng is still operating at another location in Senoko Way, while the Bukit Timah site had been turned into a residential enclave.

The Chinese had this saying - 'The mantis stalks the cicada, unaware of the sparrow behind'.


Anonymous