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１【Reason for Filing the Extraordinary Report】 As the following matters were resolved at the 198th Annual General Meeting of Shareholders of... | March 29, 2023
Singapore paint tycoon Goh Cheng Liang has increased his company's fortune by US$8 billion (S$10.7 billion) after it gained control of Japan's biggest paint maker, Nippon Paints Holdings. Goh is the founder of Wuthelam Holdings, a paint and coatings maker. It is currently run by his son, Goh Hup Jin. According to Bloomberg, Wuthelam Holdings is now worth US$24 billion (S$32.1 billion). The Gohs now have a 58 per cent stake in Nippon Paint Holdings. The deal, which was valued at US$12 billion (S$16 billion), was completed in January 2021. Previously, Wuthelam Holdings and Nippon Paint operate...