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Standing Tallest

In: STRICTLY BUSINESS THE KWEK LENG BENG STORY

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  • SHING HUEI PEH

Abstract

Ask Kwek Leng Beng about any financial crises, economic recessions and global meltdowns, and his reactions are almost always a dull stare into space at a seemingly boring question, followed by a gentle shrug. “We are conservative, we don’t borrow a lot,” he said. “I would tell my staff, have no fear. It doesn’t bother me.” For a man who has adroitly followed his father’s contrarian business acumen of seizing opportunities in crises, a bearish market is when he transforms into a bull. Through oil crises, recessions, race riots and even the sudden independence of his country, nothing had fazed Kwek and Hong Leong…

Suggested Citation

  • Shing Huei Peh, 2023. "Standing Tallest," World Scientific Book Chapters, in: STRICTLY BUSINESS THE KWEK LENG BENG STORY, chapter 12, pages 125-132, World Scientific Publishing Co. Pte. Ltd..
  • Handle: RePEc:wsi:wschap:9789811284496_0012
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    More about this item

    Keywords

    Kwek Leng Beng; Hong Leong Group; Hong Leong; Singapore; Millennium Hotel; Millenium Hotel; 9/11; The Plaza; authorised biography; CDL; City Development Ltd; Donald Trump;
    All these keywords.

    JEL classification:

    • L2 - Industrial Organization - - Firm Objectives, Organization, and Behavior
    • L21 - Industrial Organization - - Firm Objectives, Organization, and Behavior - - - Business Objectives of the Firm
    • M1 - Business Administration and Business Economics; Marketing; Accounting; Personnel Economics - - Business Administration
    • M13 - Business Administration and Business Economics; Marketing; Accounting; Personnel Economics - - Business Administration - - - New Firms; Startups
    • M16 - Business Administration and Business Economics; Marketing; Accounting; Personnel Economics - - Business Administration - - - International Business Administration
    • L26 - Industrial Organization - - Firm Objectives, Organization, and Behavior - - - Entrepreneurship
    • L85 - Industrial Organization - - Industry Studies: Services - - - Real Estate Services
    • R3 - Urban, Rural, Regional, Real Estate, and Transportation Economics - - Real Estate Markets, Spatial Production Analysis, and Firm Location

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