In a way, buying a “home” here is out of necessity. On Oct 20, the company announced that its Singapore-based CEO Vincent Toe is resigning and will end his tenure next April — completing a two-year term at the job. Ren, who is the single largest shareholder with 23.7%, will double up as CEO.
Ren Yuanlin, executive chairman of Yangzijiang Financial Holding (SGX:YF8) (YFH), is making one of his regular visits to Singapore, where the company is listed. Besides meeting the investment community to update them about the company, he has lined up a few property viewings as he expects himself to be here more frequently. “If not, I’m always staying in hotels. It is always nicer to have a home,” says Ren.

