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Under the Radar: (SPECIALS) In the family business - Hong Leong Asia’s CEO on the firm’s growth, governance and succession planning processes

It’s all about family businesses today as we speak to Hong Leong Asia, a part of Singapore-based conglomerate Hong Leong Group. The firm’s beginnings can be traced back to the early 1900s, when Hong Leong Group’s founder the late Kwek Hong Png boarded a cargo vessel in Xiamen at the age of 16, with only an $8 ticket, a straw mat, a quilt for warmth. While life was tough, the founder held hopes of making it big in Southeast Asia as he made the arduous journey over to Singapore. That’s where he worked at a hardware store for years before starting Hong Leong in 1941. The…

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