#1933
Koh Wee Meng
Overview
- Source of Wealth
- Real estate, hotels
- Industry
- Real Estate
- Residence
- Singapore
- Marital Status
- Married
- Children
- 1
Assets
- AF Global Limited326,265,000 shares @ --L38-SG
- Aspial Corp. Ltd.40,000,000 shares @ --A30-SG
- Oxley Holdings Ltd7,000,000 shares @ --5UX-SG
- Tuan Sing Holdings Ltd.68,000,000 shares @ --T24-SG
Biography
Hotelier and property magnate Koh Wee Meng controls Fragrance Group with interests extending to Australia and the U.K. He took the Singapore-listed company private in 2021.
Son of a jeweler and schoolteacher, Koh broke away from Aspial, his family's jewelry business, to start his own property venture in the 1990s.
He was once known as the Geylang King for Fragrance's beginnings in Singapore's red light district.
His younger sibling Koh Wee Seng runs Aspial and has his own property interests.
About
In the early years, he named his hotels after precious stones, such as Ruby, Sapphire and Emerald, inspired by his days as a jeweler.
In 2017, Fragrance Group entered the U.K. hotel property market, where it has since made 12 acquisitions.