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Peter LimLeading stockbroker
Country:
 Singapore |
Content:
- Peter Lim: A Biography of the King of the Remisiers
- The King of the Remisiers
- Investing in Real Estate
- Business Ventures
Peter Lim: A Biography of the King of the Remisiers
Early Life and CareerPeter Lim was born in 1953 in Singapore into a modest family. His father worked as a fish trader, instilling in Lim a strong work ethic and a fearlessness in the face of life's challenges. From a young age, Lim was familiar with trade and understood how to market his goods effectively.
His career in the financial industry began in the early 1970s on the Singapore and Malaysian stock exchanges. With his talent for trading, he quickly made substantial profits from several risky transactions. Within a short period, Lim earned a reputation as a successful entrepreneur and built a substantial capital.
The King of the Remisiers
Today, Peter Lim is a highly successful broker, trusted by many billionaires to invest their billions in various industrial and manufacturing sectors. His expertise and track record have earned him the title of "King of the Remisiers". Lim's ability to effectively manage and invest large sums of money has solidified his status as one of Singapore's wealthiest individuals.
Investing in Real Estate
In recent years, Lim has been investing significant amounts of money in real estate, believing that its value will continue to rise. With limited available land for development in Singapore, many residential areas are being demolished to make way for large residential skyscraper complexes, providing a substantial increase in the number of apartments.
Business Ventures
Lim recently made a major deal with the company "Rowsley" to facilitate its merger with a prominent Chinese energy company. He holds 5% of the assets of "Wilmar International," valued at approximately $1 billion. Additionally, Lim owns 11% of "FJ Benjamin," with assets valued at $52.6 million. He also holds a 25% stake in "Rowsley," with a market value of $37 million. Furthermore, Lim has a significant portfolio of shares in several Australian mining companies, acquired in the 1970s and 1980s.
Lim has diversified his investments, with 50% of his capital in common stocks, 10% in privately held company shares, and the remaining 40% in cash.
Overall, Peter Lim's impressive success in the financial industry, his reputation as a skilled trader, and his wealth have established his position as one of the most influential individuals in Singapore's business world.
