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Far East Organization information


Far East Organization
远东机构
Company typePrivately owned company
IndustryProperty, hospitality, retail, and food and beverage
Founded1960; 64 years ago (1960)
FounderNg Teng Fong
Headquarters
Singapore
Area served
Singapore
Australia
Key people
Ng Chee Tat Philip (CEO)
SubsidiariesFar East Orchard
Yeo Hiap Seng Limited
WebsiteFar East Organization

Far East Organization is the largest private real estate developer in Singapore.[1][2] Founded in 1960 by Ng Teng Fong,[3][4] the company has businesses in property development, retail, hospitality,[5] and food and beverage[6] brands in Asia and Australia.[7][8] It is currently managed by Philip Ng, whose brother Robert runs the Hong Kong-based sister company Sino Group.[5] The two refer to Far East Organization as a Christian enterprise.[1]

Far East Organization operates in Singapore,[2] Hong Kong,[2] China,[9] Malaysia,[9] and Australia.[9][2] It has three public-listed subsidiaries: Far East Orchard Limited,[10][2] Yeo Hiap Seng Limited,[2] and Far East Hospitality Trust.[11]

  1. ^ a b "Singapore's 50 Richest 2020, #5 Robert & Philip Ng". Forbes. 3 February 2021. Retrieved 3 February 2021.
  2. ^ a b c d e f Chia, Jae (12 November 2020). "How Late Billionaire Ng Teng Fong Became 'King Of Orchard' - Built Over 750 S'pore Properties". Vulcan Post. Retrieved 31 January 2021.
  3. ^ "20 richest families in Asia and their businesses". The Straits Times. 28 August 2019. Retrieved 30 January 2021.
  4. ^ "2017 Asia's Richest Families Net Worth: #25 Ng Family". Forbes. 14 November 2017. Retrieved 3 February 2021.
  5. ^ a b Holmes, Sam; Li, Joyce (3 February 2010). "Asia property tycoon Ng Teng Fong dies". The Wall Street Journal. Retrieved 3 February 2021.
  6. ^ Chang, Chin Yong (10 August 2017). "Home-grown pride: A look at 8 of Singapore's oldest businesses". The Straits Times. Retrieved 31 January 2021.
  7. ^ Koh, Joel (16 August 2020). "Top 5 Singaporean billionaires in 2020: Here's how they gained their wealth". Asia One. Retrieved 31 January 2021.
  8. ^ "Singapore developer launches first foray into Melbourne house and land estate". Sydney Morning Herald. 21 April 2015. Retrieved 6 March 2021.
  9. ^ a b c "Far East Orchard Limited". SGP Business. SGPBusiness.com. Retrieved 4 February 2021.
  10. ^ "Far East Orchard Limited (O10.SI)". Yahoo! Finance. Verizon Media. Retrieved 4 February 2021.
  11. ^ Holmes, Sam (14 August 2012). "Far East Hospitality prices Singapore IPO at top". Marketwatch. Retrieved 31 January 2021.

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