Singapore paint tycoon Goh Cheng Liang has increased his company s fortune by US$8 billion (S$10.7 billion) after it gained control of Japan s biggest paint maker, Nippon Paints Holdings.
Goh is the founder of Wuthelam Holdings, a paint and coatings maker. It is currently run by his son, Goh Hup Jin.
According to
Bloomberg, Wuthelam Holdings is now worth US$24 billion (S$32.1 billion).
The Gohs now have a 58 per cent stake in Nippon Paint Holdings. The deal, which was valued at US$12 billion (S$16 billion), was completed in January 2021.
Previously, Wuthelam Holdings and Nippon Paint operated joint ventures in several countries, including China, India, Malaysia, Singapore, South Korea and Thailand.
Mark Cuban joined Reddit s WallStreetBets for an Ask Me Anything session on Tuesday (local time) and, true to form, he didn t hold back. The billionaire has been among a group of prominent financial heavyweights, including Chamath Palihapitiya and Cameron and Tyler Winlevoss, to align with retail traders in what they see as a battle between Main Street and Wall Street. During the chat, Cuban encouraged the forum to hold on to their GameStop Corp shares if they could afford to do so, and predicted that institutional funds would jump back in for a second round of shorting the video game retailer. The serial entrepreneur and reality television star said GameStop holders should take a lesson from Bitcoin investors who held on to the cryptocurrency when its price plummeted in 2017.
Billionaire Mark Cuban thanks the Reddit army
Luke McGrath and Brandon Kochkodin
Feb 3, 2021 – 8.01am
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Mark Cuban joined Reddit’s WallStreetBets for an “Ask Me Anything” session on Tuesday (Wednesday AEDT) and, true to form, he didn’t hold back.
The billionaire has been among a group of prominent financial heavyweights, including Chamath Palihapitiya and Cameron and Tyler Winlevoss, to align with retail traders in what they see as a battle between Main Street and Wall Street.
The serial entrepreneur and reality television star said GameStop holders should take a lesson from bitcoin investors who held on to the cryptocurrency when its price plummeted in 2017.
Mark Cuban tells Reddit users: ‘Thanks for changing the game. Thanks for taking on Wall Street’
The Dallas billionaire took part Tuesday in an Ask Me Anything session on WallStreetBets.
Dallas Mavericks Owner Mark Cuban welcomes attendees during a Courageous Conversations meet-up to discuss systemic racism at Victory Plaza outside the American Airlines Center in Dallas on Tuesday, June 9, 2020.(Lynda M. Gonzalez / Staff Photographer)
Mark Cuban joined Reddit’s WallStreetBets for an “Ask Me Anything” session on Tuesday and, true to form, he didn’t hold back.
The Dallas billionaire has been among a group of prominent financial heavyweights, including Chamath Palihapitiya and Cameron and Tyler Winlevoss, to align with retail traders in what they see as a battle between Main Street and Wall Street.
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