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Singapore paint billionaire gets windfall as dream deal comes true

The Straits Times Singapore billionaire gets windfall as dream deal with Nippon Paint comes true Singapore paint tycoon Goh Cheng Liang s partnership with Nippon Paint began in the 1950s.PHOTOS: LIANHE ZAOBAO, NIPPON PAINT PublishedFeb 5, 2021, 7:48 am SGT https://str.sg/Jrf6 They can read the article in full after signing up for a free account. Share link: Or share via: Sign up or log in to read this article in full Sign up All done! This article is now fully available for you Read now Get unlimited access to all stories at $0.99/month for the first 3 months. Get unlimited access to all stories at $0.99/month for the first 3 months.

Singapore billionaire gets windfall as dream deal with Nippon Paint comes true

SINGAPORE (Bloomberg): Almost a decade ago, the son of Singapore paint tycoon Goh Cheng Liang set his sights on gaining control of Japan's biggest paint-maker. He finally succeeded, and that has been a boon for the family's wealth.

Singapore Billionaire Gets Windfall as Dream Deal Comes True

Singapore Billionaire Gets Windfall as Dream Deal Comes True Bloomberg 2/5/2021 Yoojung Lee © Bloomberg The front facades of shophouses at Koon Seng Road in the Joo Chiat area of Singapore, on Friday, Nov. 13, 2020. (Bloomberg) Almost a decade ago, the son of Singapore pigment mogul Goh Cheng Liang set his sights on gaining control of Japan’s biggest paint maker. He finally succeeded, and that’s been a boon for the family’s wealth. Popular Searches Their Wuthelam Holdings Pte. took a majority stake in Nippon Paint Holdings Co. in a $12 billion deal that was completed last month, according to filings this week. That’s boosted their fortune to $24 billion from about $16 billion before the alliance was announced, according to the Bloomberg Billionaires Index.

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