Now, could Singapore see the rise of a new giant alcohol distributor?
Numerous Singapore-listed companies, for one reason or another, have undergone major changes to their businesses after coming under new shareholders and management. One of the most famous examples is Berkshire Hathaway, which Warren Buffett transformed from a textile manufacturing company into the diversified investment conglomerate we know today.
For a local example, there is the emergence of agri-food giant Wilmar International, which was formed after tycoon Kuok Khoon Hong injected his business into the shell of Ezyhealth Asia Pacific in 2005.
