Ng Teng Fong, born in 1928 in the small rustic prefecture-level city of Putian, located within the eastern province of Fugian, People’s Republic of China was never a stranger to hard work. As a boy and eldest of eleven siblings he learned early on the value of perseverance. His parents moved the family to Singapore when Ng was at the tender age of six to pursue a family owned soya sauce factory and grocerry shop. He worked arduously to contribute to the success of his family’s business as a factory hand and repairman of bicycles for years and as the eldest son, was expected to carry on the family legacy. Ng Teng Fong however had other aspirations, which to the chagrin of his parents did not involve the soya sauce business.
In 1950, Ng set out to realize his goal of becoming a business mogul in his own right. What ......