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Hanwell has doubled in a year. Can Sam Goi help push it higher?

The Edge Singapore
The Edge Singapore • 6 min read
Hanwell has doubled in a year. Can Sam Goi help push it higher?
The way Goi sees it, there is a leadership void in Hanwell.
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Like a typical entrepreneur with an abundance of energy, Sam Goi Seng Hui likes to get his hands in different businesses. While his flagship Tee Yih Jia is a privately-held food manufacturer, Goi also has substantial stakes in a slew of listed companies from different industries.

These include stakes of 24.05% in cocoa supplier JB Foods; 25.23% in foodstuffs trader Envictus International Holdings. He also holds 13.7% of Serial System, which distributes electronics parts, as well as a 21.8% stake in Union Steel Holdings. Following conversion of a loan, he holds 21.17% of KOP, which is in a JV to develop a winter-themed resort in Shanghai.

Over the years, Goi has made it a point to remain as the second largest shareholder in each of these companies he invests in. The exception is property firm GSH Corporation, where he is executive chairman with his controlling stake of 44.49%.

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